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Credit standards and demand for corporate, household loans stable in Q1
EconomyMacroeconomyCredit standards for both corporate and household loans stayed unchanged from the previous quarter in the first quarter (Q1) of 2017, in line with earlier expectations, Bank of Greece (BoG) bank lending survey (BLS) showed on Tuesday.
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Travel receipts fall by another 3.1 pct in Feb on lower spending
EconomyMacroeconomyGreece's travel receipts continued to fall in February, when they dropped by 3.1 percent, after a decrease of 2.4 percent in January, Bank of Greece (BoG) figures showed on Friday.
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Primary cash balance turns to 295 mln deficit in Q1
EconomyMacroeconomyGreece’s central government primary cash balance turned to a deficit of 295 million euros in the 3-month period of 2017 from surplus of 2.85 billion a year ago, Bank of Greece (BoG) figures showed on Thursday.
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Current account deficit expands to 937 million in Feb
EconomyMacroeconomyGreece’s current account (C/A) deficit widened by 108.8 million euros to 936.9 million in February from 828.1 million last year, Bank of Greece (BoG) figures revealed on Thursday.
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Eurosystem funding falls by 2.2 bln in March, ELA drops after brief rise in Feb
EconomyMacroeconomyGreek banks’ Eurosystem funding remained on a downward trend for the 21st successive month in March, falling by 2.2 billion following a slower drop of 1.13 billion in the previous month, Bank of Greece's (BoG) monthly financial statement showed on Tuesday.
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Greek banks meet NPE and NPL reduction targets in Q4 2016, mostly on write-offs
EconomyBankingGreek banks met their non-performing exposure (NPE) and non-performing loan (NPL) reduction targets in the fourth quarter (Q4) of 2016, the second quarterly report on operational targets for NPEs published by the Bank of Greece (BoG) revealed on Wednesday afternoon.
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Marginal drop in time deposit rate, sharp decline in corporate lending rates in Feb
EconomyMacroeconomyGreek households’ new time deposit rate dropped by another 2 basis points (bps) and landed at 0.67 percent in February, Bank of Greece (BoG) figures showed on Friday.
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Deposit outflows continue in Feb but slow to 750 mln
EconomyMacroeconomyThe Greek banking system recorded outflows for the second successive month, albeit reduced to 750 million euros in February from 1.53 billion in the previous month, Bank of Greece (BoG) figures revealed on Monday.
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Credit contraction stable at 1.6 pct in Feb, net deductions drop to 101 mln
EconomyMacroeconomyThe rate of credit contraction in the Greek market remained stable at 1.6 percent in February, Bank of Greece (BoG) figures showed on Monday.
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Travel receipts drop 2.4 pct in Jan following lower foreign arrivals
EconomyMacroeconomyGreece's travel receipts fell by 2.4 percent to 164.8 million euros in January, Bank of Greece (BoG) figures showed on Friday.