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  1. Current account deficit narrows to 840.3 mln in Feb as imports drop
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    EconomyMacroeconomy

    million 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

    17%

  2. Newsletter 424 - 24/05/2024

    Newsletters

    . 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

    17%

  3. Slow pace at which RRF funds reaching firms a growing issue

    Economy

    entrepreneurship. 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

    17%

  4. Greek budget outperformed targets by 3.9bn euros to August, preliminary figures show

    Economy

    of 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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  5. Greek C/A deficit to July narrowed to just 156 mln with boost from tourism

    EconomyMacroeconomy

    The 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

    15%

  6. Greece on way to 2013 primary surplus as budget outperformed targets by 3.85bn euros to August

    Economy

    deficit of 9.04 billion released by the Bank of Greece (BoG) includes 4.63 billion for repayment of arrears, which explains the initial discrepancy between preliminary MoF and BoG figures. The bottom-line

    15%

  7. Greek banks less reliant on Eurosystem funding in September

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding, the combined liquidity they have received from the European Central Bank (ECB) and the Bank of Greece (BoG) Emergency Liquidity Assistance (ELA) mechanism, dropped by another 1.4 billion euros in September, according to the BoG’s monthly financial statement. Monthly

    15%

  8. Greece's current account in surplus for the fourth consecutive month

    EconomyMacroeconomy

    The August current account (C/A) balance showed a surplus for the fourth consecutive month at 1.22 billion euros from 1.63 billion last year, according to Bank of Greece (BoG). The recorded drop year... years. Latest BoG estimates (released in the end of May) called for a C/A deficit of 3 percent of GDP

    15%

  9. C/A surplus for fifth straight month in Sept, up to 2.55 billion euros for year

    EconomyMacroeconomy

    The September current account (C/A) balance showed a surplus for the fifth straight month at 964 million euros from 895 million last year, according to Bank of Greece (BoG). The recorded 7.7 percent... percent of GDP in 2012 from 9.9 percent in 2011. Although initial expectations by the BoG

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  10. Greek banks’ reliance on Eurosystem fell by 2.36 bln in October

    Economy

    Greek banks’ Eurosystem funding, the combined liquidity they have received from the European Central Bank (ECB) and the Bank of Greece (BoG) Emergency Liquidity Assistance (ELA) mechanism, dropped by another 2.36 billion euros in October, according to the Bank of Greece’s (BoG) monthly financial

    15%