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  1. Building permits increase by 7.4 pct in May

    EconomyMacroeconomy

    new builds. The most recent quarterly Bank of Greece (BoG) figures showed that apartment prices

    13%
  2. Travel balance rises 15.7 pct in June, aggregate visitors drop 0.5 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance rose to 2.42 billion euros in June from 1.36 million euros in May, Bank of Greece (BoG) data has shown. This reflects an annual rise of 15.7 percent. Receipts came to 2.62 billion euros, increasing by 16.4 percent year-on-year (YoY). Travel payments also increased by 25.3

    13%
  3. Deposits rise by 1.60 bln in July
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Net deposit movement in the Greek banking system stayed positive by 1.60 billion euros in July following an increase of 1.77 billion euros in June, Bank of Greece (BoG) figures revealed on Wednesday. July’s movement marks the fifth positive increase in deposits after negative flows were registered

    13%
  4. Credit contraction at 0.1 pct in Jul, balance at 160.33 bln

    EconomyMacroeconomy

    Credit contraction in the Greek market edged down to 0.1 percent in July from 0.2 percent in June, Bank of Greece (BoG) figures showed on Wednesday. As a result, the outstanding balance came to 160.33 billion from 161.24 billion in the previous month. The net lending flow turned negative

    13%
  5. Q2 rise of 7.7 pct in apartment prices marks 12-year high
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The rise in the nominal value of apartments in Greece came to 7.7 percent year-on-year (YoY) in the second quarter (Q2) of 2019 from an upward revised increase of 4.9 percent in Q1, Bank of Greece (BoG) data showed on Monday. According to the revised data, the increase in the second, third

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  6. Newsletter 218 -06/09/2019

    Newsletters

    quarter (Q2) of 2019 from an upward revised increase of 4.9 percent in Q1, Bank of Greece (BoG) data

    13%
  7. Mitsotakis buoyed by poll ratings, boost to growth narrative
    Photo via @kmitsotakis

    PoliticsGreek Politics

    investment, taking also into account the still negative output gap.” The BoG chief stressed, though

    13%
  8. Building permits increase by 4.7 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    new builds. The most recent quarterly Bank of Greece (BoG) figures showed that apartment prices rose

    13%
  9. Athens submits APS plan aiming to remove up to 30 bln of NPLs from bank balance sheets
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyBanking

    it will be approved by Brussels. The BoG proposed that banks transfer some of their non-performing exposures (NPEs

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  10. Travel balance up by 9.6 pct in July, German visitors continue to fall
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance rose to 3.40 billion euros in July from 3.10 billion a year ago, Bank of Greece (BoG) data has shown. This equates to an increase of 9.6 percent year-on-year (YoY). Receipts came to 3.65 billion euros for the month, increasing by 11.1 percent YoY. Travel payments also

    13%