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Newsletter 88 - 16/09/2016
of Greece (BoG) said on Wednesday. The monthly drop reflects a downward movement in both emergency... as an option in NPL resolution concerns the possibility that the Bank of Greece (BoG) could buy... in the Greek NPE case. That requires seeking changes in the technical workings of such a BoG purchasing
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The key elements of the draft agreement between Greece and lenders
EconomyProgrammecontrols. In specific, the draft stresses that starting from December 2016 the Bank of Greece (BoG..., MoF and BoG will have to publish a roadmap for the relaxation of capital controls outlining... (NPLs), BoG and the Hellenic Financial Stability Fund (HFSF) will have to identify by February 2017
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Current account balance turns to deficit of 198 mln in Oct
EconomyMacroeconomyfrom surplus of 264.8 million in the corresponding period last year, Bank of Greece (BoG) figures... to 3.56 billion, while exports also increased by 4.6 percent to 2.24 billion. BoG added... surplus up by 18.5 percent to 846.1 million. The BoG also said that the deterioration in the primary
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Newsletter 109 - 03/03/2017
requirements. In its annual report, the Bank of Greece (BoG) provided details on the return... billion in January after seasonally high inflows of 2.8 billion in December, BoG figures revealed... corporations negative flow stood at 760 million. BoG figures also showed sight and savings’ deposits posted
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Stournaras presents debt relief plan with maximum benefits for Greece, minimum cost for lenders
EconomyMacroeconomyDuring a speech at the Delphi Economic Forum on Saturday, Bank of Greece (BoG) governor Yannis... percent of GDP as of 2021 is consistent with Greece’s debt sustainability. The BoG had detailed in its... from the market. The BoG examined three scenarios on the evolution of debt to GDP ratio and GFN
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ECB increases ELA ceiling for Greek banks by 400 mln for first time since summer 2015
EconomyMacroeconomyThe Bank of Greece (BoG) said on Thursday that the European Central Bank increased the Emergency... a request made by BoG. The rise in the ELA limit “reflects developments in the liquidity situation of Greek banks, taking into account private sector deposit flows,” BoG noted. This is the first increase
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Greek banks meet NPE and NPL reduction targets in Q4 2016, mostly on write-offs
EconomyBankingpublished by the Bank of Greece (BoG) revealed on Wednesday afternoon. Specifically, the NPE stock..., where the actual figure stood at 27.5 billion slightly above target of 27.4 billion. The BoG also noted... of the crisis. However, the BoG stressed that the NPE ratios in all asset classes remained high in Q4
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Newsletter 126 - 07/07/2017
at 2.25 bln in 5-month BoG downwardly revises 2017 GDP forecast of 1.6 percent from 2.5 percent... that challenges remain. The Bank of Greece’s (BoG) monetary policy reported a downwardly revised the 2017 GDP..., along with a sharp increase in the tax burden. The BoG notes that despite the downwardly revised
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Bank of Greece says NPE ratio up to 45.2 pct, provides more bad loan details
EconomyBankingBank of Greece (BoG) released on Tuesday the third issue of its semi-annual overview of the Greek... by banks made up 26.6 and 44.8 percent of NPEs. BoG data showed that 73.7 percent of the NPEs... and 47 percent respectively, while that for consumer loans stood just shy of the 15-percent mark. BoG
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Current account deficit rises by 124.3 mln in May
EconomyMacroeconomyfrom 457.3 million a year ago, Bank of Greece (BoG) figures showed on Friday. The services surplus.... The BoG noted that the deterioration in the goods deficit largely reflects a rise in the deficit... percent to finish at 2.49 billion. Overall the goods deficit stood at 1.52 billion in May. BoG also
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