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Current account lands on deficit of 673.4 mln in October, aggregate at deficit of 697.4 mln
EconomyMacroeconomya surplus of 886.6 million in September, according to Bank of Greece (BoG) data released on Friday... million year-on-year (YoY). According to the BoG, October’s performance is primarily attributable... of 2.27 billion a year ago. BoG said that this reflects a rise in the surplus of the services
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Current account posts deficit of 1.39 bln in November
EconomyMacroeconomya deficit of 673.4 million in October, according to Bank of Greece (BoG) data released on Monday...). According to the BoG, November’s performance is primarily attributable to a decrease in the non-oil... billion in November 2018. BoG said that this reflects an improvement in the surplus of the services
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Current account deficit more than halves to 2.57 bln in 2019
EconomyMacroeconomya deficit of 1.39 billion in November, according to Bank of Greece (BoG) data released on Thursday...-on-year (YoY). According to the BoG, December’s performance is primarily attributable to improvement... to a deficit of 2.57 billion in 2019 compared to a deficit of 5.23 billion in December 2018. BoG said
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Newsletter 240 -21/02/2020
to Bank of Greece (BoG) data. In the same period last year, the deficit was 1.51 billion euros, improving by 973.9 million year-on-year (YoY). According to the BoG, December’s performance is primarily...) of 2019 from a revised increase of 8.3 percent in Q3, Bank of Greece (BoG) data showed. According
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Current account shows deficit of 1.29 bln in January
EconomyMacroeconomya deficit of 540.3 million in December, according to Bank of Greece (BoG) data released on Friday... by 108.4 million euros or 9.2 percent year-on-year (YoY). According to the BoG, January’s performance... of 82.2 million in December, down from 105.7 million last year. The BoG noted that the deterioration
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Building permits increase by 55.7 pct in January
EconomyMacroeconomyquarterly Bank of Greece (BoG) figures showed that apartment prices rose by 7.5 percent YoY during... by 17.5 points However, the BoG warned recently that while 2019 was a strong year for property...,” the BoG said.
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Current account shows deficit of 1.14 bln in February
EconomyMacroeconomyto a deficit of 1.29 billion in January, Bank of Greece (BoG) data showed on Tuesday. In the same... million euros year-on-year (YoY). According to the BoG, February’s performance is primarily... compared to a deficit of 2.20 billion in the relevant period of 2019. BoG said that this reflects
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Newsletter 252 -29/05/2020
on Monday as a lone voice in favour of taking advantage of cheap credit wherever it is available. BoG... is a large part of the banks’ capital base. According to BoG calculations, the loss of capital per... funding. BoG’s range of forecasts for this year is 4.5 to 9.5 pct, with 6 pct recession being
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Newsletter 254 -19/06/2020
(BoG) released statistics for the first quarter (Q1) of 2020 regarding the operations of Credit Servicing Firms (CSFs) in Greece. BoG said that the data was being provided as part of ongoing efforts... euros in the first five months of the year according to figures released by the Bank of Greece (BoG
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Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
EconomyBankingof the portfolio to a loan and credit management company regulated by the Bank of Greece (BoG) under... recovery,” the bank said. In the first quarter of the year, BoG said that Greece’s banks noted a drop in pre-tax profits to the tune of 87 percent versus the same period in 2019. The BoG once more
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