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  1. Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016

    EconomyBanking

    , the upward trend also reflects the replacement of bankbooks with cards, so banks can manage accounts more... transactions. The BoG noted that fraud accounts for 0.01 percent of transactions both in terms

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  2. Positive deposit flow of 2.8 bln in Dec leads 2016 inflows to 4.2 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    2016, reflecting a positive flow of 3.04 and 2.21 billion in sight and time accounts, while savings... to time accounts. Total deposits – which also include those of the general government (gg) as well

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  3. Deposit flow in positive territory at 638 mln in May
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros, of which 1.11 billion related to savings accounts and 917 million to sight accounts, while time

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  4. Newsletter 125 -30/06/2017

    Newsletters

    related to savings accounts and 917 million to sight accounts, while time deposits increased by 518

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  5. Deposit inflows increase to 1.1 bln in June
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the second programme review. The breakdown showed sight and savings’ accounts posted inflows of 1.22 billion... of the year. In contrast, sight accounts recorded inflows of 303 million in the 6-month period

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  6. Revised GDP data shows recession for 2016, higher growth in 2014
    By Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    According to the Hellenic Statistical Authority’s (ELSTAT) second estimate for the 2016 Annual National Accounts, Greece found itself in a marginal recession of 0.2 percent in real terms last year... an initial estimate of 0.1 percent growth. ELSTAT also revised the national accounts for the years

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  7. Newsletter 136 - 20/10/2017

    Newsletters

    for the 2016 Annual National Accounts revealed that Greece was in a marginal recession of 0.2 percent... revised the national accounts for the years 2014 and 2015. The Greek economy grew by 0.7 percent in real

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  8. Household disposable income fell by another 2.3 pct in 2016, consumption down by 1 pct

    EconomyMacroeconomy

    The Hellenic Statistical Authority (ELSTAT) released on Monday the annual non-financial sector accounts for 2016 along with revisions for 2014 and 2015, which also reflect the recent revisions of national accounts in mid-October. In 2016, Greece posted an external balance of 1.7 billion euros

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  9. Tsipras confirms Parliament will probe contentious Novartis bribery claims
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    their accounts are, going as far as referring to them as “hooded ones,” which alludes to the practice... investigation, such as asking for the opening of bank accounts. Its task is to decide whether

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  10. Card transactions in Greece experience boost due to capital controls

    EconomyBanking

    and the opening of bank accounts, after which the final phase would be entered towards completely... with the further loosening of rules around opening bank accounts and business transactions

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