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  1. Primary cash surplus expands to 3.2 bln by September incorporating arrears repayment of 2 bln

    EconomyMacroeconomy

    Greece’s central government primary cash surplus increased by 540 million to 3.22 billion in the 9-month period of 2016 from 2.68 billion last year, Bank of Greece (BoG) figures showed on Wednesday. It is worth pointing out that this year’s figure incorporates arrears’ repayment of 2.03 billion

    3%

  2. Travel receipts drop 9.2 pct in Aug, dragging balance down 10.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel receipts fell for the fifth straight month in August, when they declined at an accelerating pace of 9.2 percent from a 3.5 percent fall in July, Bank of Greece (BoG) figures showed on Monday. Travel receipts landed at 3.16 billion euros in August, while the corresponding payments

    3%

  3. Average loan rate falls by 26 bps, time deposit rate down by 8 bps to new record low in September

    EconomyMacroeconomy

    Greek households’ new time deposit rate fell by 8 basis points (bps) to 0.79 percent in September, after remaining broadly flat in the previous three months, Bank of Greece (BoG) data showed on Thursday. The headline figure for September indicates a new record low since Greece’s euro accession

    3%

  4. Deadlock at NBG over chairman appointment
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    years of experience in the financial sector and has served as deputy governor of Bank of Greece (BoG

    3%

  5. Travel receipts rebound 2.3 pct in September, 9-month figure still points to a decline of 5.5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel receipts rebounded for the first time in the last six months by 2.3 percent in September, Bank of Greece (BoG) figures displayed on Tuesday. In particular, travel receipts reached 2.23 billion in September, while the corresponding payments continued rising at double-digit rate

    3%

  6. Bank credit contracts by 1.6 pct in Oct on loan deductions of 308 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The rate of credit contraction in the Greek market slowed slightly to 1.6 percent in October from 1.7 percent in September, Bank of Greece (BoG) figures displayed on Monday. The monthly net deductions stood at 308 million euros in October, from 355 million in the previous month and reflect a net

    3%

  7. Time deposit rate edges down to 0.76 pct, loan rate spikes to 5 percent
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek households’ new time deposit rate dropped for the second straight month, albeit at a slower pace, by 3 basis points (bps) to 0.76 percent in October, after a decline by 8 bps in September, Bank of Greece (BoG) data displayed on Friday. The headline figure for October indicates a new record

    3%

  8. Turnover in tourism sector rebounds 2.6 pct in Q3
    Photo by Yiannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    value for Q3 is the highest quarterly reading each year. Bank of Greece (BoG) latest figures showed

    3%

  9. Building activity edged up 1 pct in September
    Photo by MacroPolis

    EconomyMacroeconomy

    13,257 in 2015, entailing a nosedive of more than 86 percent. The Bank of Greece’s (BoG) latest figures

    3%

  10. Travel receipts up by 14.2 pct in Oct but 10-month figure drops 4.2 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece's travel receipts continued heading north in October, when a 14.2 percent increase followed a rise of 2.3 percent in September, Bank of Greece (BoG) figures showed on Thursday. Travel receipts climbed to 1.03 billion euros in October, while the corresponding payments fell by 2.7 percent

    3%