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Strong travel balance brings current account surplus to 1.83 bln in August
EconomyMacroeconomybillion a year ago, Bank of Greece (BoG) figures showed on Monday. The headline figure increased... income deficit worsened by 4.9 million. The BoG notes that the rise in the goods’ deficit stems... to the BoG. An improvement in all the subaccounts led the services balance to grow by 18.1 percent
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Current account surplus at 1.21 bln in September on services balance growth
EconomyMacroeconomy864.8 million a year ago, Bank of Greece (BoG) figures showed on Monday. The headline figure rose... by 47 million and 4.3 million, respectively. The BoG notes that the fall in the deficit of goods... rose by 5.7 percent at current prices and by 2.3 percent at constant prices, according to the BoG
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Current account deficit at 624.1 mln in October as goods balance worsens
EconomyMacroeconomy, Bank of Greece (BoG) figures showed on Thursday. The deficit grew by 356.3 million euros year-on-year... improved by 200.3 million euros. The BoG notes that the deficit of goods was impacted by a rise... rose more marginally by 201.7 million euros (+9 percent) to 2.44 billion. The BoG noted
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Newsletter 185 -30/11/2018
in the national vote at a later date a foregone conclusion. BoG highlights NPE problem areas Report shows... of Greece (BoG) published last week, the central bank goes into detail about the issue of non-performing... left for the country’s credit institutions. BoG highlights that Greek lenders have made significant
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Newsletter 229 -22/11/2019
travel balance rose to 2.63 billion euros in September from 2.28 billion a year ago, Bank of Greece (BoG...) and T-bills (-21.2 million). An increase was noted in BoG loans (+1.92 million euros). A breakdown... (BoG) figures showed. In the same period last year, the balance came to a surplus of 548.1 million
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Rise of exports slowed in 2019, with goods suffering dip
EconomyFeatures. Export analysis According to the latest economic bulletin from the Bank of Greece (BoG), between 2009... to 17.5 percent of GDP in 2018. BoG’s analysis showed that the market share of Greek exports showed... then continued to increase apart from 2015-2016 . However, as BoG notes, “this picture is significantly
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Newsletter 278 -14/12/2020
deciding. BoG insists on need for bad bank Lenders would transfer remaining NPEs from securitisations..., the macroeconomic outlook has deteriorated and BoG now sees in its baseline scenario the economy... peak, with an NPE ratio still high at 35.8 pct. BoG also notes moratoria that are in place until
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Cash deficit widens as Greece pays off state arrears
EconomyMacroeconomybillion euros from 6.53 billion last year, according to the Bank of Greece (BoG). At the same time... billion, according to Ministry of Finance (MoF) preliminary data. The key difference in the reported BoG and MoF figures is primarily related to the accounting methods, on a (purely) cash basis for BoG
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Bank of Greece sees 0.5pct growth in 2014 but warns of political risks
EconomyMacroeconomysurplus of 1% of GDP for the first time in 2013, according to the Bank of Greece’s (BoG) interim report... to decline by 1 percentage point (pp) in 2014. The BoG stresses that the key risk lies with the political... to the BoG report. The central bank recommends that the streamlining of the public sector should continue
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Central gov't primary cash surplus reaches 1.37 billion in first half of year
EconomyMacroeconomyof Greece (BoG). Similarly, the 6-month primary cash balance improved by 6.14 billion euros, posting a surplus of 1.37 billion from deficit of 4.77 billion last year. The BoG calculates the central..., marginally above the comparable BoG item. Cash expenditure fell 15.7 percent to 24.15 billion euros
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