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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
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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
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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
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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
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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
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Current account deficit narrows to 840.3 mln in Feb as imports drop
EconomyMacroeconomymillion euros in January, Bank of Greece (BoG) data showed on Tuesday. In February 2020, the balance... euros year-on-year (YoY). According to the BoG, February’s performance is due to an improvement... compared to a deficit of 2.44 billion in the relevant period of 2020. According to BoG, this is due
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Newsletter 424 - 24/05/2024
. The BoG notes that absorption thus far is a rather satisfying rate of 41 pct. Greece has used up... a combination of investors’ own participation and a mix of banks and RRF loans. According to the BoG... growing coverage, with the local media reporting that the BoG is concerned that the flow of RRF
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Slow pace at which RRF funds reaching firms a growing issue
Economyentrepreneurship. The BoG notes that absorption thus far is a rather satisfying rate of 41 pct. Greece has... to the BoG, the total applications for funding stand at 23.8 billion euros, while the signed... receiving growing coverage, with the local media reporting that the BoG is concerned that the flow
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Greek budget outperformed targets by 3.9bn euros to August, preliminary figures show
Economyof 9.04 billion released by the Bank of Greece (BoG) includes 4.63 billion for repayment of arrears, which explains the initial discrepancy between MoF and BoG figures. The bottom-line outperformance
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Greek C/A deficit to July narrowed to just 156 mln with boost from tourism
EconomyMacroeconomyThe July current account (C/A) balance showed a surplus of 2.73 billion euros from 510 million euros last year, according to the Bank of Greece (BoG). The significant increase mainly reflects a jump... a C/A balance close to zero in 2013 and 2014. Note that the latest BoG estimates released
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