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EconomyMacroeconomy
Current account surplus reaches 1.68 bln in July thanks to services Greece's current account (C/A) balance posted a surplus for the second straight month in July, reaching 1.68 billion euros in July, which was 40.3 percent down year on year (YoY), according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek central government primary cash surplus to August at 2.3 bln Greece’s central government primary cash balance turned to a surplus of 2.32 billion in the 8-month period from deficit of 3.21 billion last year, according to the Bank of Greece (BoG). This implies a fiscal consolidation of 5.53 billion year on year.
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EconomyMacroeconomy
Greek banks' Eurosystem funding declines by another 53 mln in August Greek banks’ Eurosystem funding slipped by just 53 million euros in August - the slowest pace of decline in 2014, according to the Bank of Greece's (BoG) monthly financial statement.
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EconomyMacroeconomy
Loan rates rebounded in July, deposit rates continued heading south The interest rate on households’ new time deposits fell by another 11 basis points (bps) to 2.28 percent in July, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Rate of credit contraction rises to 3.7 pct in July, balances fall The rate of drop in Greek credit to the private sector accelerated to 3.7 percent in July from 3.5 percent in June, according to the Bank of Greece (BoG). Balances fell to 213.86 billion euros in July from 214.81 billion a month ago.
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EconomyMacroeconomy
Greek deposits inch up in July, reaching 163.22 bln Greek private sector deposits increased by 0.1 percent month on month (MoM) in July, the fifth successive monthly rise, with balances reaching 163.22 billion euros, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Tourist arrivals in June increase 13.7 pct, bringing significant rise in receipts After a temporary slowdown in May, Greece's travel receipts rebounded strongly in June, shooting up by 16.3 percent from 0.8 percent in May, according to the Bank of Greece (BoG)..
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EconomyMacroeconomy
Services help increase Greek current account surplus to 1.37 bln in June Greece's June current account (C/A) balance showed the country’s surplus widening by 53 percent to 1.37 billion euros from 898 million last year, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek cash deficit to July narrows 78.3 pct to 1.72 bln Greece’s central government net balance on a cash basis showed the deficit narrowing by 78.3 percent to 1.72 billion euros in the 7-month period from 7.93 billion last year, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek banks' Eurosystem funding sees reduced drop of 334 mln in July Following a sharp drop by 13.88 billion euros in the preceding two months, Greek banks’ Eurosystem funding eased by just 334 million in July, according to the Bank of Greece's (BoG) monthly financial statement.