Economic sentiment recovers 3.4 pts in Sept, buoyed by rise in services
Building permits turn positive in June, but rise for H1 settles at just 1.3 pct YoY
Despite strong annual growth, flow of loans to enterprises in Aug at lowest since Jan
Deposits growth slows to 89 mln in Aug as corporations record back-to-back drops
Budget primary balance to Aug beats target by almost 6 bln as VAT, income and property taxes drive revenue outperformance
Tourism jobs tumble in Aug, ending 6-month run of positive hirings balance
ELA ceiling for Greek banks slashed by 7.8 bln to 77.9 bln after recap
The Bank of Greece (BoG) said on Thursday that the ECB Governing Council decided to reduce the Emergency Liquidity Assistance (ELA) ceiling for Greek bank by 7.8 billion euros to 77.9 billion.
This decision follows a BoG request mainly on the back of the progress made in the bank recapitalisation process coupled with reduced uncertainty and stabilisation of private sector deposit flow.
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