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Travel receipts drop by 7.8 pct in March, higher fall in payments leads to soaring balance
EconomyMacroeconomyGreece's travel receipts fell by 7.8 percent in March, declining at a sharper pace than the 3.1 percent drop which was recorded in February, Bank of Greece (BoG) figures showed on Tuesday. Receipts stood at 203.3 million euros in March, while the corresponding payments recorded a fall of 33 percent
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Deposit flow turns negative again in April with outflows of 139 mln
EconomyMacroeconomyThe deposit flow in the Greek banking system turned negative again in April, with outflows of 139 million following inflows of 278 million in the previous month, Bank of Greece (BoG) figures showed on Monday. As a result, the private sector deposit balance edged down to 119 billion in April
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Q1 GDP provides a positive surprise with 0.4 pct quarterly growth
EconomyMacroeconomyby 4.5 percent QoQ and grew 8 percent YoY. The latest figures from the Bank of Greece (BoG) showed
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Deposit interest rates largely unchanged in April, average loan rate increases
EconomyMacroeconomyGreek households’ new time deposit rate edged up by 2 basis points (bps) to 0.68 percent in April, Bank of Greece (BoG) figures showed on Friday. The modest increase is the first rise in the time deposit rate since August 2016. It remains close to its historical low and 26 bps higher than the euro
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Turnover in tourism sector up 1 pct in Q1 for third straight quarterly rise
EconomyMacroeconomyin the last four years. Bank of Greece (BoG) figures showed that travel receipts fell by 4.8 percent
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Newsletter 123 - 16/06/2017
straight month by 2.22 billion in May, Bank of Greece's (BoG) monthly financial statement revealed
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Travel receipts rise by 11.3 pct in April on back of higher arrivals
EconomyMacroeconomyGreece's travel receipts rose by 11.3 percent in April, reversing a decline of 7.8 percent in March, provisional Bank of Greece (BoG) figures showed on Wednesday. Receipts stood at 483.7 million euros in April, while corresponding payments also recorded a rise of 38.1 percent to 236.6 million
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Deposit flow in positive territory at 638 mln in May
EconomyMacroeconomyThe deposit flow in the Greek banking system turned positive in May, with inflows of 638 million following outflows of 139 million in April, Bank of Greece (BoG) figures showed on Wednesday. This was the second positive reading in the first five months of the year after inflows of 278 million
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Newsletter 125 -30/06/2017
of 139 million in April, according to Bank of Greece (BoG) figures. This was the second positive
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Credit standards and demand for corporate, household loans stay stable in Q2
EconomyMacroeconomyCredit standards for both corporate and household loans stayed unchanged from the previous quarter in the second quarter (Q2) of 2017, in line with earlier expectations, the Bank of Greece (BoG) bank lending survey (BLS) showed on Tuesday. The survey mainly incorporates data of the four systemic
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