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EconomyMacroeconomy
Apartment prices drop by 2.7 pct in Q2, slowest rate since Q1 2010 Apartment prices in Greece continued heading south, but at a decelerating pace, for the third successive quarter in Q2 of 2016, when they dropped by 2.7 percent from a revised 4.7 percent decline in Q1, Bank of Greece (BoG) data displayed on Thursday.
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EconomyMacroeconomy
Drop in arrivals and spending impinge on H1 travel receipts The balance of travel services in June posted a surplus of 1.72 billion euros, a decline of 3.6 percent compared to the surplus of 1.78 billion in the same period last year, according to data released by Bank of Greece on Monday.
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EconomyMacroeconomy
Current account surplus almost doubles to 1 bln in June Greece's current account (C/A) surplus almost doubled to 1 billion euros in June from 508.9 million a year ago, Bank of Greece (BoG) figures showed on Thursday.
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EconomyMacroeconomy
Primary cash surplus to July falls to 2.4 bln, including arrears repayment of 1.1 bln Greece’s central government primary cash surplus fell by 607 million euros to 2.38 billion in the 7-month period of 2016 from 2.99 billion in the corresponding period last year, Bank of Greece (BoG) figures showed on Thursday.
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EconomyMacroeconomy
Eurosystem funding drops by another 4.3 bln in July, largely on reduced ELA reliance Greek banks’ Eurosystem funding continued heading south for the thirteenth month in a row in July, when it decreased by 4.3 billion in July after a drop of 8.57 billion in June, the Bank of Greece's (BoG) monthly financial statement showed on Thursday.
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EconomyMacroeconomy
Bank of Greece publishes revised Code of Conduct for management of NPLs Bank of Greece published on Tuesday evening the revised Code of Conduct for the management of non-performing loans (NPLs) held by individuals and very small businesses (with turnover less than 1 million euros).
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EconomyMacroeconomy
Minor uptick in time deposit and average loan interest rate in June Greek households’ new time deposit rate edged up by 1 basis point (bp) to 0.86 percent in June from 0.85 percent in May, Bank of Greece (BoG) data showed on Tuesday.
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EconomyMacroeconomy
Deposit inflows of 1.07 bln in June, highest in first half of 2016 Greek private sector deposit flow remained positive for the second straight month with inflows of 1.07 billion euros in June from 183 million in May, Bank of Greece (BoG) figures showed on Wednesday.
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EconomyMacroeconomy
Credit contraction stays stable at 2 pct in June, net additions for first time this year Greek bank credit contraction remained stable at 2 percent in June, Bank of Greece (BoG) figures showed on Wednesday.
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EconomyBanking
Bank of Greece report overviews lenders' profitability, urges drastic NPL management The Bank of Greece (BoG) published on Tuesday an overview of the Greek financial sector, providing an update on the key developments and data over the past five years regarding banks’ profitability, loan quality and cards’ transactions.