Search
-
Newsletter 297 - 21/05/2021
(Q1) of 2021 from a revised increase of 2.5 percent in Q4 2020, Bank of Greece (BoG) data showed
13% -
Travel balance falls by 71.7 pct in March
EconomyMacroeconomyGreece’s travel balance came to a surplus of 9.2 million euros in March from 32.5 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 71.7 percent year-on-year (YoY). Receipts came to 33.9 million euros for the month, falling by 63 percent YoY. Travel payments
13% -
Credit growth in April slows to 2.4 pct; monthly outflow of 787 mln
EconomyMacroeconomyCredit movement in the Greek private sector rose an annual 2.4 percent in April, compared with 2.9 percent in March, Bank of Greece (BoG) figures showed. The net lending flow was negative, with a 787 million-euro net decrease in lending -- the most since January 2020 -- compared with an increase
13% -
Deposits rose by 2.96 bln in April; biggest increase in four months
EconomyMacroeconomyNet deposit movements in the Greek banking system continued to grind higher, increasing by 2.96 billion euros in April, compared with inflows of 1.65 billion euros in March, Bank of Greece (BoG) figures revealed. The outstanding balance of private sector deposits increased to 167.8 billion euros
13% -
Travel balance almost doubles in April from last year's lockdown
EconomyMacroeconomyGreece’s travel balance came to a surplus of 9.6 million euros in April from 4.9 million a year ago, when Greece was in its first lockdown, Bank of Greece (BoG) data has shown. This is equal to an increase of 97.5 percent year-on-year (YoY). Receipts came to 42.9 million euros for the month
13% -
Deposits edged up further as they rose by 359 mln in May
EconomyMacroeconomyNet deposit movements in the Greek banking system continued to grind higher, increasing by 359 million euros in May, compared with inflows of 3.13 billion euros in April, Bank of Greece (BoG) figures revealed. The outstanding balance of private sector deposits increased to 168.1 billion euros
13% -
Credit growth in May slows to 2.2 pct; monthly flow -17 mln
EconomyMacroeconomyCredit movement in the Greek private sector rose an annual 2.2 percent in May, compared with 2.4 percent in April, Bank of Greece (BoG) figures showed on Friday. The net lending flow was negative, with a 17 million-euro net decrease in lending compared with a decrease of 787 million euros in April
13% -
Travel balance increases more than eightfold in May from last year’s lockdown
EconomyMacroeconomyGreece’s travel balance came to a surplus of 112.1 million euros in May from 12 million a year ago, when Greece was in its first lockdown, Bank of Greece (BoG) data has shown. This is equal to an increase of 836.3 percent year-on-year (YoY). The balance remained substantially below its May 2019
13% -
Deposits jump by 1.62 bln in June, led by savings
EconomyMacroeconomyThe private sector’s net deposit movement in Greece’s banks accelerated in June, increasing by 1.62 billion euros, from 359 million euros in May, Bank of Greece (BoG) figures released on Tuesday showed. The outstanding balance of private sector deposits increased to 169.85 billion euros. Household
13% -
Led by corporate lending, credit continues to grow with 2.3 pct rise in June
EconomyMacroeconomyCredit movement in the Greek private sector increased by an annual 2.3 percent in June, from a 2.2 percent rise in May, Bank of Greece (BoG) figures showed on Tuesday. The net lending flow was positive by 493 million, from a 17-million-euro net decrease seen in May. The outstanding balance
13%