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Greek current account deficit widens to 847 mln in Jan as exports fall further
EconomyMacroeconomytimes higher than the previous year, according to the Bank of Greece (BoG). The negative movement... million YoY. As of January 2015, BoG publishes data in line with the BPM6 (Balance of Payments Manual 6th... adopted by the European Central Bank and Eurostat since the end of 2014. According to BoG, the changes
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This is where Greek gov't could find cash to cover May's obligations
EconomyProgrammeto a special account with the Bank of Greece (BoG), covered the foreign investor take up. Alternate... for the compulsory transfer of gg entities’ cash reserves to a special account at the BoG. Through..., according to BoG data. Of this amount, 6.6 billion relates to the central government, 2.23 billion
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Eurosystem funding for Greek banks up by 5.6 bln in Apr, reaches 112.8 bln
EconomyMacroeconomyfrom 2.93 billion in March to reach a total of 112.84 billion, according to the Bank of Greece's (BoG... reflects a similar amount of deposit outflows, stemming from both the private and the public sector. BoG... from commercial banks to a cash management account at BoG to facilitate the coverage of the state’s
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Greek C/A deficit shrinks by 17 pct in April as imports drop faster than exports
EconomyMacroeconomy1.15 billion last year, according to the Bank of Greece (BoG). The improvement in the C/A balance... by 6.9 percent to 5.83 billion. BoG noted that the improvement in the goods’ balance reflects lower net... by 14.4 percent fully attributed to soaring non-residents’ arrivals (+ 39.1 percent). BoG is due
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Current account surplus at 407 mln in May - first positive balance since Sept 2014
EconomyMacroeconomymillion last year, according to the Bank of Greece (BoG). This is the first positive reading since... stood at 2.75 billion and exports at 1.77 billion. BoG noted that the reduced goods deficit was due... 11.8 percent YoY. According to BoG, lower net payments for purchases of ships and lower net oil
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This is the government's strategy on banks and NPLs as part of third bailout
Economyof Greece (BoG) will evaluate the capital needs of the remaining banks (Attica Bank and cooperative... of an external advisor. That said, BoG will submit by the end of October a report... vulnerable households. In addition, BoG in cooperation with the Hellenic Financial Stability Fund
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Current account surplus jumps to 4.25 bln in July on SMP returns and nosedive in imports
EconomyMacroeconomytimes higher compared to the 1.27 billion posted last year, according to Bank of Greece (BoG) data...’ deficit by 1.36 billion. It is worth noting that BoG proceeded with a significant change in its... instead of the settlements data used until June. BoG said that this change is part of an overall
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ELA funding drops by 1.58 bln in Sept for third straight fall
EconomyMacroeconomyby 1.58 billion euros, the Bank of Greece's (BoG) monthly financial statement showed on Thursday... on September 3 and 17 respectively. Both decisions were prompted by BoG and reflected the improving... and the ECB funding, the respective collateral pledged by Greek banks with the BoG fell by 2 and 1.1 billion
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Credit standards for corporate loans tightened again in Q3
EconomyMacroeconomyquarter, Bank of Greece (BoG) bank lending survey (BLS) data showed for the third quarter (Q3) of 2015. BoG attributed the increased tightening Greek bank issues related to their liquidity conditions... quarter, BoG expects credit standards to remain stable QoQ. Similarly, in spite of initial expectations
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Eurosystem funding down by 2 bln in Oct for fourth straight fall
EconomyMacroeconomy, when it eased by 2.01 billion euros from a 2.67 billion drop in September, the Bank of Greece's (BoG... following a relevant proposal by BoG amid reduction of uncertainty and stabilization of domestic deposit... with the BoG by 3.79 billion euros to 158.62 billion at the end of October, its lowest level since
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