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Banks meet NPE targets in Q1 but mortgage reductions remain slow
EconomyMacroeconomypublished by the Bank of Greece (BoG) on Wednesday afternoon. Compared to the March 2016 peak, NPEs have... quality trends in the first quarter, BoG noted that the cure rate remained at the same level as in Q4..., liquidations and collections. BoG noted that banks intend to accelerate the sale of loans, mainly
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Travel balance down by 29 pct in April as receipts slump
EconomyMacroeconomyterritory after March’s growth of 48.30 percent, Bank of Greece (BoG) data revealed on Thursday..., the BoG figures showed that arrivals in the aggregate period came to 27.2 million visitors, meaning that according to BoG, tourism figures for 2017 exceeded SETE’s estimates. For 2018, SETE predicts
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Newsletter 167 -22/06/2018
of Greece (BoG) figures showed this week. The headline figure includes an arrears’ repayment of 662... of 955.8 million, Bank of Greece (BoG) figures revealed this week. Year-on-year (YoY), the headline figure... due to a deterioration in all main subcategories. The BoG stated that the worsening of the goods
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Eurosystem funding falls by 716 mln in May
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by 716 million euros in May, the Bank of Greece's (BoG... the majority of total liquidity at 54.2 percent. In May, ELA collateral pledged with the BoG fell by 5.64 billion euros, while that for the ECB edged up slightly by 60 million euros. The BoG figures also
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Eurosystem funding falls by 4.56 bln in June to 16.31 bln
EconomyMacroeconomy-on-month (MoM), the Bank of Greece's (BoG) monthly financial statement has revealed. In May, the MoM... of total liquidity at 55.1 percent. In June, ELA collateral pledged with the BoG fell by 5.27.... The BoG figures also revealed that banknotes in circulation fell by 557 million to 32.36 billion
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Travel balance records 127 mln surplus in Q1, much improved on last year
EconomyMacroeconomy) of 2018 according to figures released by the Bank of Greece (BoG). The headline amount is notably... percent for the month, and by 24.5 percent in the first three months of the year. In December, the BoG... that according to BoG, tourism figures for 2017 exceeded SETE’s estimates. For 2018, SETE predicts
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Sharp increase in May arrivals, particularly from Germany, delivers travel balance boost
EconomyMacroeconomydecline of 29 percent, Bank of Greece (BoG) data revealed on Tuesday. Receipts came to 1.47 billion euros.... In December, the BoG figures showed that arrivals in the aggregate period came to 27.2 million visitors, meaning that according to the BoG, tourism figures for 2017 exceeded SETE’s estimates
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Eurosystem funding down by 3.29 bln to 13.02 bln in July
EconomyMacroeconomyGreek banks’ Eurosystem funding declined by 3.29 billion month-on-month (MoM), the Bank of Greece's (BoG) monthly financial statement has revealed. In June, the MoM figure had declined at a sharper... with the BoG fell by 9.72 billion euros, while that for the ECB fell by 1.09 billion. The BoG figures also
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Apartment prices increase by 0.8 pct in Q2 for first rise since Q4 2008
EconomyMacroeconomyof 0.8 percent year-on-year (YoY) after a drop of 0.2 percent in Q1, Bank of Greece (BoG) data..., which pushed housing transactions to extremely low levels, BoG continues to not publish transactions... exposures (NPEs) as of Q1 according to the BoG. Building activity rose by 1 percent in April, which put
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Travel balance increases by 16 pct in June and 19.5 pct in first half of year
EconomyMacroeconomy, Bank of Greece (BoG) data revealed on Tuesday. Receipts came to 2.33 billion euros for the month..., the BoG figures showed that arrivals in the aggregate period came to 27.2 million visitors, meaning that according to BoG, tourism figures for 2017 exceeded SETE’s estimates. For 2018, SETE predicts
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