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Brussels flags downside risks for Greece as conflict‑driven inflation surges
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Strong Q1 for tourism as receipts rise by 64 pct YoY
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Timing factors and contained spending keep primary balance 2.89 bln above target in April
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Current account deficit at 2.34 bln in Mar, up to 6.96 bln in Q1
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EC forecasts slower growth, higher inflation as energy shock strikes
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Refined oil products propel 27.4 pct YoY rise in March industrial turnover
Deposit flow turns negative with outflows of 681 mln in Oct
Greek private sector deposit flow turned negative, with outflows of 681 million euros in October after the upward revised inflows of 561 million recorded in September, Bank of Greece (BoG) data showed on Thursday.
This is the first negative reading since July after cumulative inflows of 1.01 billion posted in the preceding two months. As a result, the outstanding amount of deposits fell accordingly to 121.08 billion.
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