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Results 581 to 588 out of 588.

  • Deposits down for fourth month in a row as tax obligations rise

    EconomyMacroeconomy

    Greek private sector deposits marginally slipped 0.53 percent month on month (mom) in September with balances reaching 161.35 billion euros. Net flow remained in negative territory for the fourth consecutive month with outflows increasing at 719 million in September from 212 million in August.

  • No signs of credit revival in Sept., balances at 221 bln

    EconomyMacroeconomy

    Credit contraction in the Greek market remained unchanged from the previous month at 3.9 percent year on year (yoy) in September with balances reaching 221.0 billion euros, according to the Bank of Greece.

  • Greece's current account in surplus for the fourth consecutive month

    EconomyMacroeconomy

    The August current account (C/A) balance showed a surplus for the fourth consecutive month at 1.22 billion euros from 1.63 billion last year, according to Bank of Greece (BoG). The recorded drop year on year (yoy) mainly reflects an increase in the income and current transfers’ deficits by 295 million and 249 million respectively more than offsetting a rise in the services’ surplus by 259 million.

  • Cash deficit widens as Greece pays off state arrears

    EconomyMacroeconomy

    The central government net balance to September on a cash basis showed the deficit widening to 8.88 billion euros from 6.53 billion last year, according to the Bank of Greece (BoG). At the same time, the primary cash deficit also expanded to 3.32 billion from 543 million.

  • Greek banks less reliant on Eurosystem funding in September

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding, the combined liquidity they have received from the European Central Bank (ECB) and the Bank of Greece (BoG) Emergency Liquidity Assistance (ELA) mechanism, dropped by another 1.4 billion euros in September, according to the BoG’s monthly financial statement.

  • Marginal deposits outflow of 212 million euros in August

    EconomyMacroeconomy

    Greek private sector deposits marginally eased 0.11 percent month on month (mom) in August with balances reaching 162.21 billion euros. Net flow remained slightly negative for the third consecutive month with outflows at 212 million in August from 161 million in July.

  • Greek C/A deficit to July narrowed to just 156 mln with boost from tourism

    EconomyMacroeconomy

    The July current account (C/A) balance showed a surplus of 2.73 billion euros from 510 million euros last year, according to the Bank of Greece (BoG). The significant increase mainly reflects a jump in the current transfers’ surplus to 1.86 billion, from just 100 million last year, owing to an inflow of 1.5 billion related to SMP income.

Results 581 to 588 out of 588.