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Newsletter 76 - 03/06/2016
on private sector deposits disclosed by the Bank of Greece (BoG) on Tuesday showed the deposit flow
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Corporate lending rates resume upward trend in April, time deposit rate stable
EconomyMacroeconomyGreek households’ new time deposit rate slipped by 1 basis point (bp) to 0.87 percent in April from 0.88 percent in March, Bank of Greece (BoG) data showed on Friday. The headline figure indicates the lowest reading since 2002 and remains 27 bps above the euro area average of 0.60 percent. The new
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Greek banks on cusp of improved liquidity conditions
AgoraGreece Industries (SBEE) on May 13, the Bank of Greece (BoG) governor Yannis Stournaras said
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Turnover in tourism sector drops at an accelerating pace of 11.7 pct in Q1
EconomyMacroeconomypreviously disclosed. Travel figures for Q1 released on May 23 by the Bank of Greece (BoG) showed
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Building activity falls by 11.5 pct in March for third straight decline
EconomyMacroeconomybillion euros over this period. The BoG’s latest figures indicate that almost 40 percent of outstanding
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Primary cash surplus widens to 2.66 bln in first five months of 2016
EconomyMacroeconomyGreece’s central government primary cash balance climbed to 2.66 billion euros in the first five months of 2016 from 1.07 billion euros last year, Bank of Greece (BoG) figures showed on Friday. However, the monthly data points to a primary cash deficit of 277 million euros in May from a small
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Lower foreign arrivals lead to 7 pct drop in April travel receipts
EconomyMacroeconomyGreece's travel receipts fell by 7 percent in April after a short-lived rise by 8.2 percent in March, Bank of Greece (BoG) figures displayed on Wednesday. In absolute terms, travel receipts stood at 443.3 million in April, while the corresponding payments eased 1.4 percent to 163.7 million
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Tourism and exports expect impact from Brexit fallout
EconomyMacroeconomyAlthough the effect from Brexit is likely to be rather small and limited on Greek economy, according to Bank of Greece (BoG) sources, some sectors could feel an imminent impact from the recent turmoil in the UK. The first sector that could be negatively affected in the short-term is tourism. Last
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Newsletter 80 - 01/07/2016
. On the same day, the central Bank of Greece (BoG) figures showed modest deposit inflows of 184 million
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Minor changes in Greek deposit and lending interest rates in May
EconomyMacroeconomyGreek households’ new time deposit rate slightly eased for the fifth straight month in May, when they fell by by 2 basis points (bps) to 0.85 percent from 0.87 percent in April, Bank of Greece (BoG) data displayed on Tuesday. The headline figure for May represents a new low since Greece entered
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