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Newsletter 242 -06/03/2020
from 4.34 percent in December, data from the Bank of Greece (BoG) showed this week. The spread between
3% -
Building permits increase by 50.3 pct in December and 12.6 pct in 2019
EconomyMacroeconomyprojects are also related to private building projects. The most recent quarterly Bank of Greece (BoG
3% -
Travel balance surplus up by 27 pct in January to 80.2 mln
EconomyMacroeconomyGreece’s travel balance rose to a surplus of 80.2 million euros in January according to Bank of Greece (BoG) data released on Monday, representing a rise of 27 percent year-on-year (YoY). Receipts came to 286.6 million euros, increasing by 24.4 percent year-on-year (YoY). Travel payments also rose
3% -
Deposits rise by 1.06 bln in Feb
EconomyMacroeconomyNet deposit movements in the Greek banking system were positive by 1.06 billion euros in February, following outflows of 2.16 billion in January, Bank of Greece (BoG) figures revealed on Thursday. The outstanding balance of private sector deposits increased to 142.24 billion euros, reflecting
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Credit contraction at 0.7 pct in Feb, balance at 153.74 bln
EconomyMacroeconomyCredit contraction in the Greek market came to 0.7 percent in February, slightly deepening from a contraction of 0.6 percent in January, Bank of Greece (BoG) figures showed on Thursday. This led the outstanding balance to stand at 153.74 billion from 153.43 billion in the previous month. The net
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Overall loan interest drop to 4.30 pct in February
EconomyMacroeconomyThe overall weighted average interest rate on all new loans to households and non-financial corporations fell by 6 percentage points to 4.30 percent in February from 4.36 percent in January, data from the Bank of Greece (BoG) showed on Wednesday. The spread between loan and deposit rates dropped
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Covid-19 effects spread across number of sectors
EconomyFeaturesto the annual Bank of Greece (BoG) governer’s report, “recent developments related to the coronavirus
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Travel balance more than double in Feb as arrivals increase by 24.6 pct
EconomyMacroeconomyGreece’s travel balance rose to 73.7 million euros in February from 33.4 million a year ago, Bank of Greece (BoG) data has shown. This is equal to an increase of 120.3 percent year-on-year (YoY). Receipts came to 240.4 million euros for the month, increasing by 21.1 percent YoY. Travel payments
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Credit growth at 0.1 pct in March, positive for first time since 2011
EconomyMacroeconomyCredit movement in the Greek market came to 0.1 percent in March, improving from a contraction of 0.8 percent noted in February, Bank of Greece (BoG) figures showed on Wednesday. This led the outstanding balance to stand at 147.70 billion. The increase in credit to the private sector is the highest
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Deposits rise by 2.85 bln in March
EconomyMacroeconomyNet deposit movements in the Greek banking system were positive by 2.85 billion euros in March, rising from inflows of 1.06 billion in February, Bank of Greece (BoG) figures revealed on Wednesday. The outstanding balance of private sector deposits increased to 145.09 billion euros, reflecting
3%