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EconomyMacroeconomy
Greek credit falls by 2.9 pct in Jan as lending balances reach 214 bln Greek bank credit contracted by 2.9 percent year on year (YoY) in January, which is slightly slower than the 3.1 percent recorded in December, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Travel receipts up by 1 pct in Dec but balance in deficit of 27.9 mln Greece's travel receipts rose by a mere 1 percent year on year (YoY) in December from 30.7 percent in November, according to the Bank of Greece (BoG).
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EconomyMacroeconomy Greek central gov't debt rises to recent high of 181.1 pct at end of Q4 2014 Greece’s central government debt rose by 2.4 billion quarter on quarter (QoQ) to 324.13 billion at the end of the fourth quarter (Q4) of 2014 from 321.73 billion at the end of Q3, according to the Finance Ministry debt bulletin.
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EconomyMacroeconomy
Greek current account deficit grows in Dec, 2014 surplus at 1.66 bln Greece's current account (C/A) balance showed a deficit for the third successive month in December, when it reached 870 million euros, which was more than 3.5 times higher than last year’s figure, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Drop in revenues drives Jan central government primary cash deficit to 149 mln Greece’s central government primary cash balance recorded a deficit of 149 million euros in January 2015 from surplus of 812 million last year, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek apartment prices down 5.8 pct in Q4 2014 The drop in apartment prices in Greece decelerated for the sixth successive quarter to 5.8 percent in Q4 2014 from 7 percent in Q3, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek time deposit rate falls to 1.82 pct in Dec, lowest during euro membership The interest rate on households’ new time deposits continued heading south for the ninth straight month in December, when it fell by 6 basis points (bps) to 1.82 percent, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek deposits down 4.2 bln in Dec for highest outflows since June 2012 Greek private sector deposits fell for the third straight month in December, when they declined by 2.4 percent month on month (MoM). Balances reached 160.29 billion euros, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek credit contracts by 3.1 pct in December The rate of contraction in Greek bank credit slightly accelerated to 3.1 percent in December from 3 percent in November, according to the Bank of Greece (BoG). However, this was the second lowest negative reading since November 2011.
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EconomyMacroeconomy
Greek current account deficit widens by 32.4 pct in November despite services surplus Greece's current account (C/A) balance remained in negative territory for the second straight month in November, when the deficit widened by 32.4 percent to 997 million euros from 753 million last year, according to the Bank of Greece (BoG).