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ELA funding drops by 1.58 bln in Sept for third straight fall
EconomyMacroeconomyGreek banks’ Eurosystem funding slipped for the third straight month in September, when it fell by 1.58 billion euros, the Bank of Greece's (BoG) monthly financial statement showed on Thursday.
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Greek banks' ELA ceiling lowered by 1 bln on improved liquidity conditions
EconomyMacroeconomyThe Emergency Liquidity Assistance (ELA) ceiling for Greek banks further lowered by 1 billion to 87.9 billion, Bank of Greece (BoG) said on Wednesday.
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New time deposit rate fell 12 bps in August to record low of 1.19 pct amid capital controls
EconomyMacroeconomyFollowing a sharp drop by 50 basis points (bps) in July, Greek households’ new time deposit rate fell by another 12 bps to 1.19 percent in August Bank of Greece (BoG) figures showed on Thursday.
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Greece sees deposit inflows, of 449 mln, in August for first time since Sept 2014
EconomyMacroeconomyGreek private sector deposit flow displayed inflows of 449 million euros in August from outflows of 1.51 billion in July, Bank of Greece (BoG) data showed on Friday.
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Bank credit eases 1.6 pct in August on slightly accelerating negative flow
EconomyMacroeconomyFollowing a deceleration in the preceding four months, Greek bank credit contraction resumed a slightly accelerating trend at 1.6 percent in August from 1.5 percent in July, Bank of Greece (BoG) figures showed on Friday.
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Travel receipts up by a modest 3.5 pct in July in aftermath of capital controls
EconomyMacroeconomyGreece's travel receipts grew by 3.5 percent in July from 1.2 percent in June, Bank of Greece (BoG) figures showed on Tuesday.
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Cash primary surplus improves by 32.4 pct to 3.07 bln on revenue boost in August
EconomyMacroeconomyGreece’s central government primary cash surplus grew by 32.4 percent to 3.07 billion euros in the 8-month period of 2015 from 2.32 billion in the corresponding period last year, Bank of Greece (BoG) figures displayed on Monday.
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Current account surplus jumps to 4.25 bln in July on SMP returns and nosedive in imports
EconomyMacroeconomyGreece's current account (C/A) balance had a surplus of 4.25 billion euros in July, which is 3.3 times higher compared to the 1.27 billion posted last year, according to Bank of Greece (BoG) data published on Monday.
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ELA funding down by 1.23 bln in August for second successive fall
EconomyMacroeconomyGreek banks’ Eurosystem funding eased for the second successive month in August, when it fell by 1.23 billion euros after a drop by 1.29 billion in July, Bank of Greece's (BoG) monthly financial statement showed on Monday.
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Marked drop of 50 bps in new time deposit rate in July amid capital controls
EconomyMacroeconomyAfter remaining broadly stable at around 1.8 percent since last December, Greek households’ new time deposit rate recorded a marked drop by 50 basis points (bps) to 1.31 percent in July, according to the Bank of Greece (BoG).