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  1. 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

    15%

  2. 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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  3. 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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  4. 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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  5. 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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  6. Credit in Greece contracts by 3.5 pct in August

    EconomyMacroeconomy

    The rate at which credit to the Greek private sector is contracting slightly eased to 3.5 percent in August from 3.7 percent in July, according to the Bank of Greece (BoG). Balances dropped 0.2... dragging loan supply. The latest figures provided by the BoG governor Yannis Stournaras show that NPLs

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  7. Greek building activity drops by another 8 pct in July

    EconomyMacroeconomy

    by the Bank of Greece (BoG), apartment prices fell 7.3 percent in Q2 with the cumulative fall reaching..., housing non-performing loans reached 25 billion in Q1 2014, according to BoG, posing a serious threat

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  8. ECB set to provide extra liquidity to Greek banks but capital needs remain an issue
    Photo by MacroPolis

    Economy

    ). Such a case refers to the capital needs identified by the Bank of Greece (BoG) stress tests, which were fully... by BoG. DTA Although global and domestic market conditions are not favourable, as they were six months

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  9. Greek travel receipts up 10.3 pct in August as 2014 targets revised upwards
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel receipts grew by 10.3 percent in August from 14.4 percent in July, marking the third successive monthly increase, according to the Bank of Greece (BoG). In absolute numbers, travel..., increasing by 9 percent in September and 14.3 percent in the 9-month period. BoG also released

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  10. Tourist arrivals up 23.5 pct in October as 2014 overall target rises to 23 mln
    Photo by MacroPolis

    Economy

    that if Bank of Greece (BoG) preliminary figures indicating additional road and coastal arrivals of 1.2..., the respective revenues are showing a much slower growth rate. According to the latest BoG data

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