Search
-
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.
17% -
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
17% -
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
17% -
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
17% -
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
17% -
Current account shows deficit of 874.5 mln in July as travel receipts disappoint
EconomyMacroeconomyto a deficit of 1.42 billion euros in June, Bank of Greece (BoG) data showed on Monday. In the same... worsened by 2.22 billion euros year-on-year (YoY). According to the BoG, July’s performance stems from... of 2019. According to BoG, this is due to a decline in the services surplus, as well as the surplus
17% -
Current account shows surplus of 79.7 mln in August
EconomyMacroeconomyto a deficit of 874.5 million euros in July, Bank of Greece (BoG) data showed on Wednesday... worsened by 1.72 billion euros year-on-year (YoY). According to the BoG, August’s performance stems.... According to BoG, this is due exclusively to a decline in the services surplus, which was partly
17% -
Current account shows deficit of 498.8 mln in September on declining services and oil receipts
EconomyMacroeconomyto a surplus of 79.7 million euros in August, Bank of Greece (BoG) data showed on Friday. In the same... worsened by 1.41 billion euros year-on-year (YoY). According to the BoG, September’s performance... months of 2020 compared to a deficit of 90.1 million in the relevant period of 2019. According to BoG
17% -
Banks end year with continued bad loan sales
EconomyBankingbillion euros. In its Interim Report on Monetary Policy 2020, the Bank of Greece (BoG) said that NPLs... percent. BoG noted that a large number of loans benefiting from moratoria until end-December 2020... the Hercules scheme, BoG argued that further schemes needed to be considered going into 2021
17% -
Current account shows deficit of 1.26 bln in November
EconomyMacroeconomyto 767.4 million in October, Bank of Greece (BoG) data showed. In the same period last year, the balance... year-on-year (YoY). According to the BoG, November’s performance is due to an improvement in both... compared to a deficit of 2.15 billion in the relevant period of 2019. According to BoG, this is due
17%