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Newsletter 144 -15/12/2017
of Greece's (BoG) monthly financial statement. The reduction led central bank funding to stand at 32.88.... The BoG figures also revealed that banknotes in circulation fell by 886 million to 35.56 billion... in the last four years. Figures from Bank of Greece (BoG) showed that travel receipts rose by 6.2 percent
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BoG Monetary Policy Report positive on programme end but advises caution for future targets
EconomyBankingBank of Greece (BoG) issued its annual Monetary Policy Report for 2017 – 2018 on Monday, in which... prospects. The BoG notes that the eight years of adjustment, implemented by governments across... threshold. For BoG, the signal that Greece has turned a corner and the crisis has been overcome
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BoG sees encouraging signs for Greek economy but warns on reforms
EconomyThe Bank of Greece (BoG) issued its Monetary Policy 2013-14 report on June 12, which is the last... that support the BoG’s expectations stem from the bottoming out of the drop in consumption, the positive... this year. On the former, the BoG indicates that business confidence has strengthened with firms
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BoG outlines steps to economic recovery, updates on banks' asset quality
EconomyMacroeconomyIn its annual report released on Thursday, the Bank of Greece (BoG) estimated that the recession... stability and elimination of uncertainty. The BoG stressed that uncertainties and high risks lie... of the required reforms as well as political and economic stability. The BoG expects real GDP growth
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BoG cautions on impact of tax rises, updates on rising NPEs
EconomyMacroeconomyIn its monetary policy report released on Wednesday, the Bank of Greece (BoG) says that it expects... of IMF loans with European Stability (ESM) loans. In addition, the BoG suggests that the primary surplus... interest payments over a 20-year period. The BoG notes that a number of initiatives
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BoG sets out positives and next steps for economy, forecasts 2.4 pct growth in 2020
EconomyThe Bank of Greece (BoG) submitted to Parliament on Friday its interim monetary policy report.... Overall, the BoG appears more upbeat than in previous reports issued during the SYRIZA administration... limited and as such NPE flows continue. The BoG notes that the newly adopted APS scheme, nicknamed
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Newsletter 8 - 19/12/2014
2012 general election. Central Bank of Greece (BoG) data indicates that extended withdrawals of 89... billion, with half of them in January. A June 2014 BoG report titled The Chronicle of the Big Crisis... Melas, who voted “present”, indicated he would back Dimas in the next votes. Also, four absentees
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Newsletter 121 - 02/06/2017
of Greece (BoG) figures showed. The April headline figure indicates the lowest rate of decline since... of 139 million in April following inflows of 278 million in March, BoG data revealed. This was the third... is almost attributed to corporate sector net additions of 763 million outpacing household lending deductions
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BoG report highlights need for programme implementation, political consensus
EconomyIn its interim Monetary Policy report published on Friday, the Bank of Greece (BoG) urged... property. The key conditions for strong growth rates, according to the BoG, involve restoration.... The BoG said that the imposition of capital controls initially had an immediate and visible negative
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BoG sees chance of normality returning if review concludes swiftly
EconomyMacroeconomyIn its annual report published on Friday, the Bank of Greece (BoG) called for a return to normality... administration, institutions and rule of law. The BoG welcomes the Eurogroup decision for resumption... direct investment and goods’ exports. On the fiscal front, the BoG notes that the primary surplus
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