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Primary cash surplus at 2.68 bln in Jan as revenues rise, expenditure falls
EconomyMacroeconomyGreece’s central government primary cash surplus rose by a substantial 2.43 billion euros to 2.68 billion in January, Bank of Greece (BoG) figures showed on Friday.
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Fall in apartment prices slows to 0.3 pct in Q4 2017, 1 pct average drop for year
EconomyMacroeconomyThe drop in the nominal value of apartments in Greece came to 0.3 percent year-on-year (YoY) in the fourth quarter (Q4) of 2017, slowing from a drop of 0.6 percent in Q3 2017, Bank of Greece (BoG) data showed on Thursday.
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Banks receive deposit inflows of 2.54 bln in December
EconomyMacroeconomyThe Greek banking system experienced positive inflows of 2.54 billion euros in December compared to inflows of 272.9 million in November, Bank of Greece (BoG) figures revealed on Friday.
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Credit contraction remains at 0.9 pct in December
EconomyMacroeconomyCredit contraction in the Greek market remained unchanged at 0.9 percent in December, staying static for a third month, Bank of Greece (BoG) figures showed on Friday.
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Travel balance up by 81.4 pct in November, foreign arrivals increase
EconomyMacroeconomyGreece’s travel receipts increased by 81.4 percent year-on-year in November, compared to a rise of 14.2 percent noted in October, Bank of Greece (BoG) data revealed on Tuesday.
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Eurosystem funding rises by 786 mln in December, banknotes in circulation rise
EconomyMacroeconomyGreek banks’ Eurosystem funding rose by around 786 million euros in December, Bank of Greece's (BoG) monthly financial statement revealed on Monday.
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November current account deficit at 954 mln, goods balance improves
EconomyMacroeconomyGreece’s current account (C/A) balance recorded a deficit of 954 million euros in November, deepening from the deficit of 624.1 million euros recorded in October, Bank of Greece (BoG) figures showed on Monday.
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BoG sees ample capital space for banks to sell bad loans
EconomyBankingThe Bank of Greece (BoG) presents in its semiannual overview of the Greek financial system a sensitivity analysis on active NPE management by Greek financial institutions in relation to the operational targets of reducing their stock to 64.6 billion euros, from 101.8 billion, by the end of 2019.
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Primary cash balance falls to deficit of 877 mln in Dec, expenditure rises
EconomyMacroeconomyGreece’s central government primary cash balance landed at a deficit of 877 million euros for the full year up to December 2017, compared to a surplus of 1.95 billion euros for 2016, Bank of Greece (BoG) data revealed on Thursday.
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Travel balance for nine-month period shows surplus of 11.57 bln
EconomyMacroeconomyThe balance of travel services came to a surplus of 11.57 billion euros for the nine months of 2017 according to figure released by the Bank of Greece (BoG).