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  1. Net credit flow turns positive in Feb: 1.4 pct rise led by loans to corporations
    Photo via https://flic.kr/p/2mWYuuz

    EconomyMacroeconomy

    Credit movement in the Greek private sector accelerated to 1.4 per percent year-on-year (YoY) in February, from 0.9 in January and 1.4 percent also seen in December, Bank of Greece (BoG) figures released on Monday showed. The growth in credit expansion has remained broadly stable after reaching

    13%

  2. Start of 2022 sees back-to-back negative deposit flows for first time in three years
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    The net private sector deposit movement in the Greek banking system in February remained negative, though much contained at 260 million euros, from negative flow of 2.23 billion seen in January, based on Bank of Greece (BoG) figures released on Monday. The negative movements during the first two

    13%

  3. Travel balance improves significantly in first two months of 2022
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 63 million euros in February, from 60.8 million euros in January 2022, according to Bank of Greece (BoG) data released on Thursday. February’s balance was significantly higher than the 5.4 million euros recorded in February 2021, However, lower than

    13%

  4. Deposits drop for third straight month as corporates lead fall of 988 mln
    Photo via https://flic.kr/p/j1gHCm

    EconomyMacroeconomy

    The net private sector deposit movement in the Greek banking system in March stayed negative and picked up pace to 988 million euros, from 260 million in February, and 2.23 billion seen in January, based on Bank of Greece (BoG) figures released on Friday. The negative movements during the first

    13%

  5. Credit growth edges up to 1.6 pct in Mar, led by rise in business loans
    Photo via https://flic.kr/p/GG7K6F

    EconomyMacroeconomy

    Credit movement in the Greek private sector accelerated slightly to 1.6 percent year-on-year (YoY) in March, from 1.4 per percent in February, 0.9 percent in January, Bank of Greece (BoG) figures released on Friday showed. The growth in credit expansion has remained broadly stable after reaching

    13%

  6. Removal of restrictions boosts travel receipts in Mar

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 77 million euros in March, from 63 million euros in February, according to Bank of Greece (BoG) data released on Monday. March’s balance was significantly higher than the 8.3 million euros registered in March 2021, it is also higher than the 32.5

    13%

  7. Deposits grow by 1.35 bln in April, reversing Q1 trend
    Photo via https://flic.kr/p/95a2dS

    EconomyMacroeconomy

    The net private sector deposit movement in the Greek banking system in April turned positive to 1.35 billion euros, from a negative flow of 989 million euros in March, and negative movement of 258 million seen in February, based on Bank of Greece (BoG) figures released on Friday. The latest data

    13%

  8. Credit growth at 2.8 pct in Apr, highest in 13 months
    Photo via https://flic.kr/p/2mWYuuz

    EconomyMacroeconomy

    Credit movement in the Greek private sector accelerated to 2.8 percent year-on-year (YoY) in April, from 1.6 percent in March, and 1.4 percent in February, Bank of Greece (BoG) figures released on Friday showed. The growth in credit expansion had remained broadly stable after reaching a peak of 3.7

    13%

  9. Property prices continue on upward trajectory with 8.6 pct rise in Q1

    EconomyMacroeconomy

    The rise in the nominal value of apartments in Greece slowed slightly to 8.6 percent year-on-year in Q1 of this year, from an upwards revised 9.5 percent in the last quarter of 2021, Bank of Greece (BoG) data released on Tuesday showed. Q4 2021 saw the highest annual increase in property prices

    13%

  10. As restrictions drop away, Apr travel balance beats even pre-Covid levels
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 432.1 million euros in April, from 77 million euros in March, according to Bank of Greece (BoG) data released on Tuesday. April’s balance was significantly higher than the 3.2 million euros registered in April 2021, it is also higher than the 4.9

    13%