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Current account surplus at 842.3 million in June, assisted by services balance
EconomyMacroeconomy909.8 million a year ago, Bank of Greece (BoG) figures showed on Monday. The headline figure declined... in the services balance. The BoG notes that the marginal deterioration in the goods’ deficit can.... BoG also notes that non-oil exports of goods rose by 11.4 percent and oil exports increased by 9.6
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Banks meet NPE reduction targets in Q3, adjust targets for next two years
EconomyMacroeconomypublished by the Bank of Greece (BoG) on Tuesday afternoon. After being off-target for two successive periods for non-performing loans (NPLs) reductions, BoG reported that the lenders exceeded the target... as mentioned by roughly 89 million. Commenting on the asset quality trends in Q3, BoG noted
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Travel balance up by 81.4 pct in November, foreign arrivals increase
EconomyMacroeconomyof 14.2 percent noted in October, Bank of Greece (BoG) data revealed on Tuesday. Receipts came to 225.1.... The aggregate figure fully reflects a 9.9 percent increase in foreign arrivals, according to the BoG... in 2017. In total, the BoG figures showed that arrivals in the aggregate period came to 26.6 million
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Newsletter 148 -26/01/2018
the deficit of 624.1 million euros recorded in October, Bank of Greece (BoG) figures revealed this week... the deficit worsened month-on-month, it improved by 295.9 million euros year-on-year. According to BoG... in international arrivals, according to the BoG. The deficit improved by 295.9 million euros year-on-year
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December current account deficit at 1.24 bln on falling services balance
EconomyMacroeconomyfrom November’s deficit of 954 million euros Bank of Greece (BoG) figures showed on Tuesday... by 233.4 million euros year-on-year. According to the BoG, this was driven by a worsening balance... prices, BoG noted. Non-oil exports increased by 12.3 percent and 9.9 percent at current and constant
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Travel balance down by 76.3 pct in Dec, annual arrivals beat expectations
EconomyMacroeconomypercent in November, Bank of Greece (BoG) data revealed on Wednesday. Receipts came to 182.2 million..., according to the BoG. Average aggregate expenditure per trip rose by 1.4 percent to 521.1 euros compared... to 26 million in 2017. In total, the BoG figures showed that arrivals in the aggregate period came
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Turnover in tourism sector up 7 pct in Q4, increasing by 9.9 pct in 2017
EconomyMacroeconomytie in with the tourism figures recently released by the Bank of Greece (BoG) for 2017. According to the BoG, the full-year figures for 2017 revealed that travel receipts rose by 10.5 percent to stand... estimated to rise by 1.2 million or by 4.8 percent to 26 million in 2017. In total, the BoG figures
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Banks focus on defining challenge of reducing NPEs
EconomyBanking(BoG) and the banks’ financial statements, 2017 was a successful year in meeting the NPE reduction... of last year, the volume of NPEs stood at 95.9 billion euros according to BoG’s quarterly report... to the latest BoG report, and 6.5 billion for 2017. Sales came to 1.8 billion euros in the quarter
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Banks on track with NPE targets in Q2 as sales play bigger role
EconomyMacroeconomypublished by the Bank of Greece (BoG) on Thursday afternoon. Compared to the March 2016 peak, NPEs have... billion QoQ or 47.7 percent. However, BoG noted that banks missed their NPLS reduction target in Q2... quality trends in the second quarter, BoG noted that the cure rate remained at 1.8 percent, the same
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Newsletter 174 -14/09/2018
(BoG) figures showed that apartment prices rose by 0.8 percent year-on-year in the second quarter... by 14.7 percent.The figures are in line with the tourism figures from the Bank of Greece (BoG). According to the BoG, in the first half of the year, travel receipts rose by 18.9 percent to stand at 4.84
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