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Travel balance up by 7.8 pct in May, aggregate visitors edge down 0.9 pct
EconomyMacroeconomyGreece’s travel balance rose to 1.36 billion euros in May from 200.3 million euros in April, Bank of Greece (BoG) data has shown. This reflects an annual rise of 7.8 percent. Receipts came to 1.61 billion euros, increasing by 9.3 percent year-on-year (YoY). Travel payments also increased by 18.4
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Credit contraction stays at 0.2 pct in Jun, balance at 161.16 bln
EconomyMacroeconomyCredit contraction in the Greek market stayed at 0.2 percent in June, unchanged from May, Bank of Greece (BoG) figures showed on Wednesday. As a result, the outstanding balance came to 161.24 billion from 161.16 billion in the previous month. June’s credit contraction is the third in as many months
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Deposits rise by 1.77 bln in June
EconomyMacroeconomyNet deposit movement in the Greek banking system stayed positive by 1.77 billion euros after a smaller increase of 561.6 million euros in May, Bank of Greece (BoG) figures revealed on Wednesday. June’s inflows are the fourth positive movement of deposits after negative flows were registered in both
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Staikouras strikes note of caution on fiscal space and tax cuts
EconomyProgrammetechnical details could be in place by autumn. The BoG plan will follow later.
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Building permits increase by 7.4 pct in May
EconomyMacroeconomynew builds. The most recent quarterly Bank of Greece (BoG) figures showed that apartment prices
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Travel balance rises 15.7 pct in June, aggregate visitors drop 0.5 pct
EconomyMacroeconomyGreece’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
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Deposits rise by 1.60 bln in July
EconomyMacroeconomyNet 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
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Credit contraction at 0.1 pct in Jul, balance at 160.33 bln
EconomyMacroeconomyCredit 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
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Q2 rise of 7.7 pct in apartment prices marks 12-year high
EconomyMacroeconomyThe 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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Newsletter 218 -06/09/2019
quarter (Q2) of 2019 from an upward revised increase of 4.9 percent in Q1, Bank of Greece (BoG) data
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