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Greek banks meet NPE reduction targets in Q2, write-offs remain primary source of reduction
EconomyBankingpublished by the Bank of Greece (BoG) on Wednesday afternoon. However, BoG points out that for a second... on the asset quality trends in Q2, BoG noted that the quarterly default rate remains over 2 percent... released in the BoG report. The ratio in the small business and professionals segment came to 67.8 percent
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Newsletter 131 - 8/9/2017
published by the Bank of Greece (BoG) this week. However, BoG points out that for a second successive period... remained exactly on target. Commenting on the asset quality trends in Q2, BoG noted that the quarterly... by BoG that the ECB had approved the lowering of the ELA ceiling for Greek banks by 5 billion euros
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Eurosystem funding drops by 5.1 bln in Aug driven by ELA fall
EconomyMacroeconomyby a further 5.1 billion euros, Bank of Greece's (BoG) monthly financial statement revealed on Thursday... of Greek banks, taking into account private sector deposit flows,” the BoG noted. On a year-to-date... around 68.1 percent of the total withdrawn liquidity. The collateral pledged with BoG and the ECB
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Eurosystem funding falls by 3.58 bln in September
EconomyMacroeconomy(BoG) monthly financial statement revealed on Thursday. Due to the reduction, central bank funding... banks, taking into account private sector deposit flows,” the BoG noted. On a year-to-date basis... around 68.3 percent of the total withdrawn liquidity. The collateral pledged with BoG and the ECB
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Eurosystem funding falls by 4.38 bln in October as ELA declines
EconomyMacroeconomyof Greece's (BoG) monthly financial statement revealed on Tuesday. The reduction led central bank funding... to 26.9 billion. The BoG stated that the drop reflected “developments in the liquidity situation... of the total withdrawn liquidity. The collateral pledged with the BoG edged up slightly by 320 million
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Fall in apartment prices continues with slower decline of 0.6 pct in Q3
EconomyMacroeconomy) in the third quarter (Q3) of 2017, following a drop of 1.2 percent in Q2 2017, Bank of Greece (BoG) data... low levels, BoG continues to not publish transactions and appraisals data. Although signs..., according to the BoG. Around 41 percent of mortgages are currently classified as non-performing
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Further measures to protect and strengthen financial stability foreseen in sMoU
EconomyProgramme(BoG), the institutions will be informed on a quarterly basis about the liquidity of Greek banks... implementation of the capital controls relaxation. The BoG will oversee the process... thorough on the monitoring of banks’ non-performing exposures. The BoG holds the wider remit of ensuring
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Eurosystem funding falls by 4.46 bln in November, banknotes in circulation decline
EconomyMacroeconomyof Greece's (BoG) monthly financial statement revealed on Tuesday. The reduction led central bank funding... be reduced further by 1.1 billion euros to 25.8 billion. The BoG stated that the drop reflected... of the total withdrawn liquidity. In November, the collateral pledged with the BoG fell by 2.62 billion euros
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Primary cash surplus at 2.33 bln in Nov as expenditure rises, PIB deficit widens
EconomyMacroeconomy, Bank of Greece (BoG) data revealed on Monday. The BoG notes that this year’s figure includes arrears... a year ago. BoG noted that this year’s figure includes a one-off item of around 2 billion euros related... by the MoF and BoG differ and therefore their key figures are not directly comparable.
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How Greece sleepwalked off a cliff in 2009, in black and white
Agora. The BoG report finds those estimates disconnected from reality and raises the question about how the debt..., if that trend continued then the deficit would reach 15 percent of GDP. Eurostat Based on the BoG’s... would only be reduced by 1.2 percent of GDP. The BoG anticipated that with the available data
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