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  1. Business loans drive 7.7% YoY credit growth in June
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    EconomyMacroeconomy

    showed. The net lending flow was positive by 3.29 billion euros after an inflow of 1.32 billion euros... euros. The corporate lending balance’s net monthly flow was positive by 2.98 billion euros, after... at 25.56 billion euros. Consumer credit had a net positive movement of 146 million at 8.73 billion euros.

    3%
  2. Credit expansion growth slowed to 6.8% in July due to loans to businesses
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    EconomyMacroeconomy

    . The net lending flow was negative by 2.59 billion euros after an inflow of 3.29 billion euros in June.... The corporate lending balance’s net monthly flow was negative by 2.55 billion euros, after an inflow... at 25.55 billion euros. Consumer credit had a net positive movement of 48 million at 8.78 billion

    3%
  3. Credit growth picks up pace in Aug, with 7.1% YoY rise
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    EconomyMacroeconomy

    on Friday showed. The net lending flow was positive by 478 million euros after an outflow of 2.52 billion... billion euros. The corporate lending balance’s net monthly flow was positive by 508 million euros, after... at 25.5 billion euros. Consumer credit had a net positive movement of 5 million at 8.78 billion

    3%
  4. Greek C/A deficit to July narrowed to just 156 mln with boost from tourism

    EconomyMacroeconomy

    in the net oil import bill, a further rise in the services surplus by 10.3 percent to 8.3 billion... as well as higher general government net transfer receipts from the EU. The largely expected strong

    3%
  5. Trade deficit to July eased by 17.4 pct to 11.2 billion euros

    EconomyMacroeconomy

    in the trade deficit by 23.6 percent to 9.8 billion, mainly due to a decline in the net oil import... as higher general government net transfer receipts from the EU.

    3%
  6. Marginal deposits outflow of 212 million euros in August

    EconomyMacroeconomy

    Greek private sector deposits marginally eased 0.11 percent month on month (mom) in August with balances reaching 162.21 billion euros. Net flow remained slightly negative for the third consecutive... net deductions at 705 million more than offsetting savings inflows of 394 million. It is worth

    3%
  7. What is the state of play with Greek banks?

    Economy

    of the crisis. Last year started with the implementation of PSI, which resulted in a 24.1-billion-euro net... on net interest income in the next quarters. Cost cutting is the second positive factor on the pre

    3%
  8. Deposits down for fourth month in a row as tax obligations rise

    EconomyMacroeconomy

    Greek private sector deposits marginally slipped 0.53 percent month on month (mom) in September with balances reaching 161.35 billion euros. Net flow remained in negative territory for the fourth.... The monthly flow reflects time and savings net deductions at 940 million and 268 million respectively

    3%
  9. Banks' reliance on Eurosystem funding eases for seventh straight month in Nov

    EconomyMacroeconomy

    ECB funding cost and had burdened Greek banks’ net interest income (NII) in the second half of 2012..., which somewhat distort the previous ratios, their net Eurosystem exposure currently stands at 12

    3%
  10. Cash deficit to November rises to 9.9 bln as Greece pays off arrears

    EconomyMacroeconomy

    The central government net balance to November on a cash basis showed the deficit widening by 30 percent to 9.96 billion euros from 7.67 billion last year, according to the Bank of Greece (BoG... it refers to past years’ fiscal performance. Incorporating the aforementioned adjustments, the BoG net

    3%