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  1. Greek deposits edge up for second month in April, reach 161.3 bln

    EconomyMacroeconomy

    Greek private sector deposits increased 0.2 percent month on month (MoM) in April, with balances reaching 161.3 billion euros, according to the Bank of Greece (BoG). The net flow remained positive... year to date to 62 billion at the end of April from 73 billion at the end of 2013. Citing BoG

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  2. Greek credit contracts again in April but at slightly lower rate of 3.7 pct

    EconomyMacroeconomy

    of Greece (BoG). Monthly net deductions slightly slipped to 674 million in April from 729 million in March... flow coupled with banks’ ongoing deleveraging. Although the BoG has not yet released the year-end

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  3. IMF report sees a number of risks lying ahead for Greece

    EconomyProgramme

    , according to the IMF. The Bank of Greece (BoG) estimated capital needs at 6.4 billion under... stress tests. In addition, the IMF says that the BoG may need to go beyond the minimum accounting

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  4. Greek building activity drop decelerates to 16 pct in March

    EconomyMacroeconomy

    to the Bank of Greece (BoG). Housing credit contraction is mainly due to heightened non-performing loans... for the continued drop in apartment prices. The respective BoG index shows a cumulative decline of 34.7

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  5. HFSF 2013 annual report unveils accumulated losses of 15.1 bln and potential recovery value of 34.4 bln

    EconomyBanking

    “Efimerida Syntakton” indicated on Saturday that the new Bank of Greece (BoG) governor Yannis Stournaras has proposed the absorption of HFSF by the BoG. The press report also noted that the government

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  6. Greece sees travel receipts shoot up by 35.8 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's April travel receipts soared 35.8 percent to 411 million euros from 303 million last year, according to the Bank of Greece (BoG). At the same time, travel payments surged 53 percent to 232.... The BoG figures also include 43 million euros in receipts from cruises, which recorded a slower growth

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  7. Greek trade deficit rises further in April as exports fall by 20.8 pct

    EconomyMacroeconomy

    this month, the Bank of Greece (BoG) noted that key catalysts for the Greek economy this year are a rebound of investments and faster growth of exports. The BoG anticipates exports of goods

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  8. Deposits rise for third straight month in May, reaching 162.1 bln

    EconomyMacroeconomy

    Greek private sector deposits rose 0.4 percent month on month (MoM) in May, with balances reaching 162.1 billion euros, according to the Bank of Greece (BoG). The net flow remained positive... billion that had been posted until then. A recent BoG publication titled “The Chronicle of the Great

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  9. Greek banks' Eurosystem funding drops to 44.95 bln in June, lowest since Jan 2010

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding dropped by another 5.71 billion euros in June, after falling by 11.3 billion in May, according to the Bank of Greece's (BoG) monthly financial statement. The headline... euros, which more than covered the capital needs of 6.4 billion identified by the BoG in early

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  10. Greece sees tourist arrivals rise 12.6 pct in May but spending fall 10.6 pct

    Economy

    The rate of increase in Greece's travel receipts significantly decelerated to 0.8 percent in May from 35.8 percent in April, according to the Bank of Greece (BoG). In absolute terms this corresponds... percent in June and 32.8 percent to June. The aggregate figures given by the BoG for the first five

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