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  1. Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    a year ago, Bank of Greece (BoG) figures revealed on Monday. The deterioration is largely attributed... billion. BoG noted that excluding oil and ships the value of exports remained almost stable, while... to 41.07 billion, while exports edged down 1.2 percent to 24.49 billion. BoG said that stripping out

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  2. Deposit outflows of 1.5 bln in Jan after seasonally high inflows in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    inflows of 2.8 billion in December, Bank of Greece (BoG) figures revealed on Tuesday. A similar pattern... million in December. BoG figures also showed sight and savings’ deposits posted outflows of 1.22...-euro area residents’ inflows of 331 and 157 million respectively. The BoG’s annual report revealed

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  3. Credit contraction rises to 1.6 pct in Jan on extended deductions of 885 mln

    EconomyMacroeconomy

    remaining stable in the previous months, Bank of Greece (BoG) figures showed on Tuesday. This largely... of the key preconditions for the long-awaited credit expansion. The BoG said on Friday that NPEs... does not incur the prescribed sanctions, the BoG noted.

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  4. Eurosystem funding drops at sharper pace of 3.6 bln in Jan
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    a drop of 1.87 billion in December, the Bank of Greece's (BoG) monthly financial statement showed..., the collateral pledged with BoG for ELA funding dropped at a higher pace of 2.16 billion to 101.23...) is explained by the haircut applied to the collateral by the ECB. BoG data also revealed that banknotes

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  5. Eurosystem funding down by 1.1 bln in Feb, ELA increases for first time since April
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    , the Bank of Greece's (BoG) monthly financial statement revealed on Monday. The outstanding balance..., the collateral pledged with BoG for ELA funding fell by 1.83 billion euros and dipped below the 100-billion mark, while that for ECB funding dropped by 4.08 billion to 21.58 billion. BoG figures also showed

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  6. Primary cash surplus almost halves to 1.1 bln in 2-month
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s central government primary cash surplus fell to 1.11 billion euros in the 2-month period of 2017 from 2.09 billion a year ago, Bank of Greece (BoG) figures showed on Friday. This year’s... similar to the BoG figure. It is worth noting that the MoF and BoG apply different accounting

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  7. Current account deficit narrows to 271 mln in Jan
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    million a year ago, Bank of Greece (BoG) figures showed on Thursday. The improvement by around 500... by 28.3 percent to 1.46 billion. The BoG noted that both rises were largely driven by a rise... and 4.3 percent respectively, BoG said. The improvement in the services’ surplus is mostly due

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  8. Credit contraction stable at 1.6 pct in Feb, net deductions drop to 101 mln

    EconomyMacroeconomy

    of Greece (BoG) figures showed on Monday. Meanwhile, net deductions significantly slowed to 101...) stock remains the most important precondition for the long-awaited credit expansion. BoG said last..., BoG noted.

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  9. Deposit outflows continue in Feb but slow to 750 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million euros in February from 1.53 billion in the previous month, Bank of Greece (BoG) figures... respectively, while insurance companies had also posted inflows of 199 million in January. BoG figures also... ceiling for Greek banks by 400 million euros to 46.6 billion following a request from the BoG

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  10. Newsletter 113 - 31/03/2017

    Newsletters

    million euros was less than half the 1.73 billion recorded in the previous month, Bank of Greece (BoG... ceiling for Greek banks by 400 million to 46.6 billion following a request made by the BoG that takes... percent in February, according to the BoG. At the same time, net deductions significantly slowed to 101

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