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Travel receipts reach 8.55 bln up to July, balance of 7.71 bln beats 2019 record
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 3.52 billion euros in July, from 2.42 billion euros in June, according to Bank of Greece (BoG) data released on Wednesday. July’s balance was significantly higher than the 2.16 billion euros registered in July 2021. It was also higher than the 610.2
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Deposits growth slows to 89 mln in Aug as corporations record back-to-back drops
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in August slowed down further to 89 million euros, from 483 million euros in July, and a jump of 2.72 billion euros in June, based on Bank of Greece (BoG) figures released on Tuesday. The latest five months reversed the negative
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Despite strong annual growth, flow of loans to enterprises in Aug at lowest since Jan
EconomyMacroeconomyCredit movement in the Greek private sector gathered more pace in August, rising by 5.8 percent year-on-year (YoY), from 5.5 percent year-on-year in July and 4.5 percent rise in June, Bank of Greece (BoG) figures released on Tuesday showed. The growth in credit expansion had remained broadly stable
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Travel surplus at 11.46 bln for 8M, beating 2019 record
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 3.83 billion euros in August, from a 3.52-billion-euro surplus in July, according to Bank of Greece (BoG) data released on Monday. August’s balance was significantly higher than the 3.02 billion euros registered in August 2021. It was also higher than
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Deposits up to highest since 2011 after 2.27 bln rise in Sep
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in September accelerated to 2.27 billion euros, after it had slowed down to just 89 million euros in August, and 483 million euros in July, based on Bank of Greece (BoG) figures released on Wednesday. The latest six months reversed
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Lending to corporations in Sep thrusts credit expansion to highest rise since 2009
EconomyMacroeconomyCredit movement in the Greek private sector gathered more pace in September, rising by 6 percent year-on-year (YoY), from 5.8 percent in August, and 5.5 percent year-on-year in July, Bank of Greece (BoG) figures released on Wednesday showed. The growth in credit expansion had remained broadly
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Travel balance of 14.13 bln to Sep beats 2019 record
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 2.67 billion euros in September, from a 3.83-billion-euro surplus in August, according to Bank of Greece (BoG) data released on Tuesday. September’s balance was significantly higher than the 1.98 billion euros registered in September 2021. It was also
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Deposit outflow at 550 mln in Oct, led by a decline in corporates
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in October turned negative with a drop of 550 million euros, after a rise of 2.26 billion euros in September, based on Bank of Greece (BoG) figures released on Monday. After six months of growth, the flow of deposits turned
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Credit growth slows to 5.3 pct in Oct amid first outflow since Jan
EconomyMacroeconomyCredit movement in the Greek private sector slightly slowed in October, rising by 5.3 percent year-on-year (YoY), from 6 percent in September, and 5.8 percent in August, Bank of Greece (BoG) figures released on Monday showed. The growth in credit expansion had remained broadly stable after reaching
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Property price rise accelerates in Q3 with 11.2 pct increase
EconomyMacroeconomyThe increase in the nominal value of apartments in Greece remained on a solid footing in Q3 of this year, rising by 11.2 percent year-on-year (YoY), from an upwards revised 10.1 percent in Q2, Bank of Greece (BoG) data released on Tuesday showed. The latest figure is the highest since before
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