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  1. Travel receipts grow 12.2 pct in Dec, surplus rises to 12.17 bln in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel receipts rose at a double-digit rate for the second straight month in December, when they increased by 12.2 percent from 16 percent in November, Bank of Greece (BoG) data showed on Monday. The absolute figures showed that travel receipts stood at 205 million euros in December, while

    3%

  2. Time deposit rate almost flat in Jan, average loan rate falls 12 bps

    EconomyMacroeconomy

    Greek households’ new time deposit rate remained broadly stable for the second straight month in January, when it eased marginally by 1 basis point (bp) to 1.01 percent in January, Bank of Greece (BoG) figures displayed on Wednesday. Since the imposition of capital controls, the new time deposit

    3%

  3. Turnover in the tourism sector falls 8 pct in Q4, first negative reading since Q1 2013
    Photo by MacroPolis

    EconomyMacroeconomy

    growth rate recorded in 2014. Bank of Greece (BoG) figures for 2015 showed travel receipts grew by 6

    3%

  4. Primary cash surplus quadruples to 2.09 bln in first two months of 2016

    EconomyMacroeconomy

    Greece’s central government primary cash balance showed a 2.09 billion-euro surplus in the 2-month period of 2015, which is four times higher than last year’s figure of 503 million, Bank of Greece (BoG) figures displayed on Wednesday. The net balance of the central government also posted a surplus

    3%

  5. Greek banks: Taking stock of a rough 2015 and looking at what lies ahead
    Photo by MacroPolis

    Agora

    of the burden of ELA cost on banks, it is worth noting that the Bank of Greece (BOG) reported in its 2015

    3%

  6. Current account deficit jumps to 742 mln in January

    EconomyMacroeconomy

    Greece's current account (C/A) deficit soared 2.6 times to 742.4 million euros in January from 281.3 million a year ago, Bank of Greece (BoG) figures displayed on Tuesday. The marked deterioration in the C/A balance by 461 million euros year on year (YoY) largely reflects a sharp drop

    3%

  7. Travel receipts fall 4.7 pct in Jan but surplus rises to 32.1 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel receipts dropped by 4.7 percent in January after rising by 12.2 pct in December, Bank of Greece (BoG) figures showed on Wednesday. In absolute terms, travel receipts landed at 161.1 million euros in January, while the corresponding payments declined by 18.2 percent to 129 million

    3%

  8. Deposit outflows for second straight month in February, at 548 mln

    EconomyMacroeconomy

    Greek private sector deposits headed south for the second straight month in February, with outflows easing to 548 million euros from 1.12 billion in January, Bank of Greece (BoG) data showed on Tuesday. The outstanding deposit balance slipped to 121.69 billion euros in February, 1.7 billion lower

    3%

  9. Greek corporate lending rates up to 250 bps higher than eurozone average

    EconomyMacroeconomy

    Greek households’ new time deposit rate fell by 10 basis points (bps) to 0.91 percent in February after remaining broadly stable in the preceding two months, Bank of Greece (BoG) figures showed on Monday. The headline figure for February indicates a new low historical reading since Greece’s

    3%

  10. Current account deficit narrows by 45 pct to 804.3 mln in Feb

    EconomyMacroeconomy

    Greece's current account (C/A) deficit narrowed by almost 45 percent to 804.3 million euros in February from 1.45 billion a year ago, Bank of Greece (BoG) figures showed on Wednesday. The year on year evolution largely reflects a notable improvement in the primary income balance, which recorded

    3%