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  1. 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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  2. 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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  3. 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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  4. 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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  5. 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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  6. Tourist arrivals in June increase 13.7 pct, bringing significant rise in receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    After a temporary slowdown in May, Greece's travel receipts rebounded strongly in June, shooting up by 16.3 percent from 0.8 percent in May, according to the Bank of Greece (BoG). In absolute figures... by the BoG for the first half of 2014 showed travel receipts rose 13.4 percent to 3.94 billion

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  7. Rate of credit contraction rises to 3.7 pct in July, balances fall
    Photo by MacroPolis

    EconomyMacroeconomy

    The rate of drop in Greek credit to the private sector accelerated to 3.7 percent in July from 3.5 percent in June, according to the Bank of Greece (BoG). Balances fell to 213.86 billion euros... to provide a comprehensive solution for the management of NPLs, the BoG has recently published

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  8. National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
    Photo by MacroPolis

    EconomyBanking

    for capital boost under Bank of Greece (BoG) capital standards. The bank estimates that the respective... includes upcoming capital actions of 1.04 billion euros approved by the BoG, while excludes any

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  9. Building activity falls 10.7 pct in June after brief rise in May

    EconomyMacroeconomy

    period. The latest figures provided by the Bank of Greece (BoG) showed that apartment prices fell... four years. According to the BoG, non-performing mortgage loans reached 25 billion in Q1 2014

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  10. Greece sees travel receipts rise again in July to reach 2.74 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel receipts increased for the second straight month in July, rising by 14.4 percent, according to the Bank of Greece (BoG). They were up 16.3 percent in June. The absolute figures showed... and 15.8 percent in the 8-month period. The aggregate figures provided by the BoG for the 7-month

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