Search
-
Travel receipts up by 1 pct in Dec but balance in deficit of 27.9 mln
EconomyMacroeconomyin November, according to the Bank of Greece (BoG). In absolute terms, travel receipts were up... in the travel spending per trip by 24.4 percent to 332 euros. BoG figures on the breakdown of incoming... showed a mid single-digit rise (+4.6 percent), while those from Russia slipped 13.2 percent. BoG
4% -
Greek deposits nosedive by 12.8 bln in Jan as balances reach lowest point since Aug 2005
EconomyMacroeconomyto the Bank of Greece (BoG). The January figure is the lowest reading since August 2005, according to BoG records. The MoM drop reflects extended outflows of 12.79 billion euros in January from 4.2... for a successful completion of the program are in place”. BoG is due to publish its monthly financial
4% -
Greek current account deficit widens by 27.4 pct in Feb
EconomyMacroeconomyfrom 729 million last year, according to the Bank of Greece (BoG). The negative change by 200 million.... As a result, the good’s deficit declined by 23.7 percent to 1.15 billion. According to the BoG... trip has further eroded in the first two months of 2015. BoG is due to release the detailed figures
4% -
Newsletter 25 - 08/05/2015
their cash reserves and time deposits to a Bank of Greece (BoG) account. According to the bank’s... euros in June. deposits could be transferred to the BoG account, despite the objections raised... to place a chunk of their cash reserves with the BoG in exchange for repos with the state. By late
4% -
How Greek banks can balance on the collateral tightrope
Agorathey have risen by at least another 2.5 billion in April, given that the Bank of Greece (BoG) financial... commercial banks to a cash management account at the BoG. In March those outflows reached 1.5 billion... (ELA) funding. Based on the latest official BoG figures, Greek banks used ELA funding of 74.4 billion
4% -
Current account deficit widens to 404 mln in March
EconomyMacroeconomyeuros, from 88 million in the corresponding period last year, according to the Bank of Greece (BoG..., with the goods deficit landing at 1.01 billion in March, down 21.8 percent YoY. The BoG noted...-residents’ arrivals (up 45.6 percent). The BoG is scheduled to release the detailed figures
4% -
How Greek banks were left on the brink
Agorain April, according to the latest Bank of Greece (BoG) data. The breakdown of these outflows over... not exceed the 1-billion mark. BoG data on the evolution of money in circulation showed it rose by 13.3... of their cash reserves to a cash management account at the BoG for the government to cover its short
4% -
Referendum call finds Greek banks teetering on the edge
Economy. According to the most recent figures from the Bank of Greece (BoG), Greek banks suffered private... management at the BoG) are included the total amount of outflows reached 40.7 billion by the end of May. The BoG figures also showed that banknotes in circulation rose by 15.1 billion euros
4% -
Current account in surplus for 2nd straight month in June but down 20 pct on 2014
EconomyMacroeconomy, according to the Bank of Greece (BoG). The YoY deterioration mainly reflects a widening...’ deficit landed at 1.3 billion with exports at 1.68 billion and imports at 2.98 billion. BoG said... goods’ balance of 8.12 billion. BoG commented that the evolution of the goods’ balance in the first
4% -
Outflows ease to 1.5 bln in July but deposits reach lowest level since May 2003
EconomyMacroeconomy, according to the Bank of Greece (BoG). The slowdown reflects the imposition of capital controls... since September 2014 by 1.29 billion eyros to 125.29 billion, according to the BoG financial statement... Assistance (ELA) funding to 85.29 billion at the end of July. Following a request by BoG, the ECB
4%