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Newsletter 334 - 08/04/2022
. It was the Bank of Greece (BoG) this week that in its governor’s 2021 Annual Report, highlighted the effects of the latest developments and the challenges that the Greek economy is facing. BoG now sees... on the first 300 KWh/month, the government is finding that its efforts to mitigate the high price
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Bank of Greece warns of dangers in failure to reach deal with lenders
EconomyMacroeconomyIn its biannual Monetary Policy report published on Wednesday, the Bank of Greece (BoG) makes clear....” The BoG highlights that a failure to reach a deal would mark the beginning of a painful process... on the evidence so far, BoG thinks a compromise has already been reached on the main conditions
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Central gov't cash deficit down to 1.14 bln in March
EconomyMacroeconomy. 59 percent lower compared to last year’s 2.76 billion, according to the Bank of Greece (BoG... positive posting a surplus of 771 million from a deficit of 999 million last year. BoG notes that adjusting... to higher expenditure (268 million) and lower revenues (95 million) posted in BoG numbers on a cash
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Central gov't cash surplus rises to €3 bln in October despite drop in revenues
EconomyMacroeconomyin the 10-month period from deficit of 3.42 billion last year, according to the Bank of Greece (BoG). This implies... that the central government figures reported by the BoG are purely on a cash basis, while the respective... on a modified cash basis. The breakdown of BoG 10-month figures showed cash revenues rose by 1 YoY
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Primary cash surplus reaches 1.05 bln at end of April
EconomyMacroeconomy, according to the Bank of Greece (BoG). Note though that last year’s figure included one-off revenues.... Note that BoG’s central government figures are reported on a purely cash basis, while the respective.... Note also that due to other accounting adjustments the BoG and MoF figures are not directly
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Newsletter 78 - 17/06/2016
at the start of next week. Earlier this week, the central Bank of Greece (BoG) published its monetary... liquidity and improve the investment environment in the second half of the year. However, BoG... are forecast for 2017 and 2018, respectively. According to BoG, the biggest risk to its forecasts
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Capital controls trigger big rise in card use and VAT revenues, Bank of Greece data shows
EconomyMacroeconomyof Greece (BoG) concludes in its interim monetary policy report published last Friday. In contrast, the recent rise in the VAT rate is having a negative effect on VAT revenues and the BoG suggests... to previous levels. The BoG study shows that the share of private consumption expenditure conducted
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Newsletter 169 -06/07/2018
, all Greeks,” he told Moscovici. BoG report positive on programme end Momentum seen as strong but caution advised for long-term growth targets Bank of Greece (BoG) issued its annual Monetary Policy... and the challenges that Greece will face in the future. For BoG, the signal that Greece has turned a corner
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Bank of Greece outlines challenges to SME funding, gaps in knowledge
EconomyFeaturesThe Bank of Greece (BoG)’s December 2018 economic bulletin laid out some of the funding challenges faced by Greek SMEs from 2014 to 2017. The BoG looked at whether firm size, age, exporting activity... to macroeconomic conditions and bank performance. BoG noted that the normalisation of bank lending practices
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Newsletter 201 -21/04/2019
this matter. BoG report notes challenges to growth Expanding unpaid tax pile puts pressure on middle income taxpayers The Bank of Greece’s (BoG) annual report has outlined a number of challenges and proposals for the Greek economy, and included a downward revised forecast for growth. BoG governor
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