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  1. Newsletter 247 -10/04/2020

    Newsletters

    expecting properties to be repurposed towards longer term rentals. In the banking sector, signs

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  2. Deposits rise by 2.85 bln in March
    Photo by MacroPolis

    EconomyMacroeconomy

    Net 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

    2%

  3. Exposure to tourism sector a concern for banks despite effort to save season
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    As Greece moves to reopen its tourism season, how the industry will respond and cope in the new global enviroment for travel has implications for Greece’s banking sector. Based on data from Bank of Greece's financial stability report, as of mid-2019 Greek banks had exposures to businesses of 122.5

    2%

  4. Deposits rise by 1.43 bln in April

    EconomyMacroeconomy

    Net deposit movements in the Greek banking system were positive by 1.43 billion euros in April, dropping from inflows of 1.43 billion in March, Bank of Greece (BoG) figures revealed on Friday. The outstanding balance of private sector deposits increased to 146.56 billion euros, reflecting savings

    2%

  5. Rise in new Covid-19 cases raises alarm on eve of reopening to tourism
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    successfully containing the initial wave of the pandemic. The country is banking on the tourist

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  6. Reshuffle back on the cards as PM unveils plans for Greek industry
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    in international banking before joining Mitsotakis’s team, says he made a conscious choice to focus

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  7. Deposits rise by 1.72 bln in May

    EconomyMacroeconomy

    Net deposit movements in the Greek banking system were positive by 1.72 billion euros in May, rising from inflows of 1.43 billion in April, Bank of Greece (BoG) figures revealed on Friday. The outstanding balance of private sector deposits increased to 148.18 billion euros, reflecting savings of 61

    2%

  8. BoG highlights how Covid-19 compounds legacy issues and structural challenges
    Photo by MacroPolis

    Economy

    The Bank of Greece (BoG) published its Monetary Policy Report for 2020 on Monday, outlining the numerous challenges that the pandemic will pose on the Greek economy, public finances and the banking system. The pandemic and the lockdown measures that had to be imposed to protect public health caused

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  9. Deposits rise by 448 mln in June

    EconomyMacroeconomy

    Net deposit movements in the Greek banking system were positive by 448 million euros in June, declining from inflows of 1.71 billion in May, Bank of Greece (BoG) figures revealed on Monday. The outstanding balance of private sector deposits increased to 148.55 billion euros, reflecting savings

    2%

  10. Bank deposits rise by 3.32 bln in July

    EconomyMacroeconomy

    Net deposit movements in the Greek banking system were positive by 3.32 billion euros in July, up sharply from inflows of 448 million in June, Bank of Greece (BoG) figures revealed on Thursday. The outstanding balance of private sector deposits increased to 151.50 billion euros, reflecting savings

    2%