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Deposits positive for fourth month as May sees inflows of 919.4 mln
EconomyMacroeconomyNet deposit movement in the Greek banking system remained positive with inflows of 919.4 million in May versus inflows of 870.1 million in April, Bank of Greece (BoG) figures revealed on Wednesday. The latest figure marks four consecutive months of positive deposit inflows. Overall, the outstanding
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Retail sales up by 0.8 pct in April while volume rises by 1.3 pct
EconomyMacroeconomyGreece’s retail sales index increased by 0.8 percent in April, slowing down from growth of 1.2 percent noted in March, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The headline index has remained positive for three out of the first four months of the year. February has so far
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Piraeus enters agreement for sale of 2.2 bln loan portfolio
EconomyBankingto 20.3 billion by the end of 2019. Greece’s four systemic banks have been increasing their drive
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Greek debt management agency sees Eurogroup debt deal favourably
EconomyProgrammeat achieving mostly four objectives by the end of the programme this summer. The combination of short-term
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S&P: Greek covered and securitised bonds rated investment grade for first time since 2011
EconomyBanking’, respectively. The rating for NBG’s covered bonds is four levels higher than that for the country’s overall
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CPI rises by 1 pct in June, staying positive for third month
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 1 percent in June following an increase of 0.6 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. Last year was the first where there was a consumer price rise after four years of deflation. The positive streak was interrupted
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Employment balance records 33,620 more hirings than departures in June
EconomyMacroeconomypercent in the previous month. Four out of five age brackets recorded a positive hirings balance
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Change to date of local elections adds to expectations of May national vote
PoliticsGreek Politicsthat the government intends to see out its four-year term, which ends in September 2019, but it is becoming
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Newsletter 170 -13/07/2018
for NBG’s covered bonds is four levels higher than that for the country’s overall credit rating
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IMF sets date for Article IV and DSA as markets mull Greek bonds
EconomyProgramme. OTE raise 400 million euros from a four-year bond issue, which oversubscribed by about five times
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