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January deposit movement negative by 1.55 bln
EconomyMacroeconomyNet deposit movement in the Greek banking system was negative in January with outflows of 1.55 billion compared to strong inflows of 3.15 billion in December, Bank of Greece (BoG) figures revealed on Wednesday. The current month’s flow is the most negative reading since January last year when
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Building permits down by 7.5 pct in Dec but up by 10.3 pct during 2018
EconomyMacroeconomy. The most recent quarterly Bank of Greece (BoG) figures showed that apartment prices rose by 2.5 percent
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Credit contraction at 0.6 pct in Feb, balance at 169.85 bln
EconomyMacroeconomyCredit contraction in the Greek market came to 0.6 percent in February, improving from a contraction of 1.1 percent in January, Bank of Greece (BoG) figures showed on Thursday. The contraction for the month is the mildest since February 2018 when the figure came to -0.9 percent. As a result
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February deposit movement negative by 789 mln
EconomyMacroeconomyNet deposit movement in the Greek banking system was negative by 789 million euros in February compared to outflows of 1.55 billion in January, Bank of Greece (BoG) figures revealed on Thursday. February produced the second consecutive negative reading. Overall, the outstanding balance of private
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Building permits drop by 10.2 pct in Jan
EconomyMacroeconomyquarterly Bank of Greece (BoG) figures showed that apartment prices rose by 2.5 percent YoY during
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Travel balance rises to 51 mln in Feb as receipts shoot up by 29.6 pct
EconomyMacroeconomyGreece’s travel balance increased significantly to 51 million in February from 18.5 million a year ago, Bank of Greece (BoG) data has shown. Receipts came to 209.1 million euros for the month, increasing by 29.6 percent year-on-year (YoY). Travel payments also increased by 10.7 percent and came
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Credit contraction remains at 0.6 pct in March, balance at 165.02 bln
EconomyMacroeconomyCredit contraction in the Greek market stayed at 0.6 percent in March, remaining at the same rate as February, Bank of Greece (BoG) figures showed on Tuesday. As a result, the outstanding balance came to 165.02 billion euros from 169.85 billion euros in the previous month, and has remained under
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Deposit movement turns positive by 1.28 bln in March
EconomyMacroeconomyNet deposit movement in the Greek banking system turned positive by 1.28 billion in March compared to negative outflows of 789 million euros in February, Bank of Greece (BoG) figures revealed. The current month’s flow returns deposits to positive territory after two consecutive months of negative
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Building permits drop by 5.1 pct in Feb
EconomyMacroeconomycentres around refurbishments rather than new builds. The most recent quarterly Bank of Greece (BoG
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Current account deficit widens in March due to deteriorating goods trade balance
EconomyMacroeconomyGreece’s current account (C/A) deficit accelerated to 1.5 billion euros in March, from 990.4 million in February, Bank of Greece (BoG) figures showed on Tuesday. In the same period last year, the deficit stood at 1.15 billion euros, suggesting a year-on-year (YoY) deficit increase of 352 million
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