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EconomyMacroeconomy
July credit contraction at 1.5 pct, slowest since Aug 2011 Greek bank credit contracted at a decelerating pace for the fourth straight month in July, when it decreased by 1.5 percent from 1.7 percent in June, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Outflows ease to 1.5 bln in July but deposits reach lowest level since May 2003 Greek private sector deposit fell eased to 1.51 billion euros in July from 7.58 billion in June, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Current account in surplus for 2nd straight month in June but down 20 pct on 2014 Greece's current account (C/A) balance displayed a surplus for the second successive month, yet it narrowed by 20 percent year on year (YoY) at 1 billion in June from 1.25 billion a year ago, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Cash primary surplus for Jan-Jul close to 3 bln on improved revenues Greece’s central government primary cash surplus improved by 23.3 percent to 2.99 billion euros in the 7-month period of 2015 from 2.42 billion last year, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
ELA funding down by 1.48 bln in July for first monthly drop since May 2014 Greek banks’ Eurosystem funding fell by 1.29 billion euros in July after rising by 10.17 billion in June, according to the Bank of Greece's (BoG) monthly financial statement published on Monday.
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EconomyMacroeconomy
Rate of drop in apartment prices picks up again in Q2 After decelerating in the preceding seven quarters, the drop in Greek apartment prices accelerated to 5.6 percent in the second quarter (Q2) of 2015 from a revised 4.1 percent in Q1, according to the Bank of Greece (BoG).
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EconomyMacroeconomy Drop in corporate loan rates led the average loan rate at a new historic low Greek households’ new time deposit rate remained at 1.81 percent in June unchanged from the previous month, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Credit contracts at slower pace of 1.7 pct in June, monthly loan flow positive Greek bank credit contracted at a decelerating pace for the third successive month by 1.7 percent in June from 2.1 percent in May, according to the Bank of Greece (BoG). The June headline rate indicates the slowest decline since August 2011.
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EconomyMacroeconomy June deposit outflow rises to 7.58 bln as total balance drops to lowest in 12 years Greek private sector deposit outflows accelerated to 7.58 billion euros in June from 3.86 billion in May, according to the Bank of Greece (BoG).
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EconomyMacroeconomy Travel receipts up 17 pct in May as average expenditure per trip rebounds Greece's travel receipts continued heading north at a double-digit rate in May, when they rose by 17 percent in May from 16.3 percent in April, according to the Bank of Greece (BoG).