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  1. Newsletter 129 - 28/07/2017

    Newsletters

    in April, according to Bank of Greece (BoG) data. Specifically, receipts stood at 1.09 billion in May... contraction accelerated for the second straight month, reaching 1.3 percent in June from 1 percent in May, BoG... billion from 638 million in May, BoG figures revealed. As a result, the outstanding balance climbed

    4%

  2. Mandatory e-payments come into force as Greece seeks to boost card use further
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyFeatures

    to a May 2017 Bank of Greece (BoG) study, before the imposition of capital controls in July 2015... for, a sharp rise in VAT collections could be tied to this increase in card payments, the BoG noted... the problem. BoG’s May 2017 report also notes the main stumbling block for the pattern that has emerged

    4%

  3. Capital controls to ease further from the beginning of September
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Furthermore, on Thursday, the Bank of Greece (BoG) announced that the European Central Bank lowered the ELA ceiling for Greek banks by a further 1.6 billion to 38.9 billion until September 7. However, a BoG... have been useful in encouraging the use of electronic payments rather than cash, BoG has noted

    4%

  4. Newsletter 131 -15/09/2017

    Newsletters

    in August when it reduced by a further 5.1 billion euros, Bank of Greece's (BoG) monthly financial... of this decrease attributed to lower ELA funding. The BoG figures also revealed that the banknotes... the lowest reading in the last four years. Bank of Greece (BoG) figures showed that travel receipts rose

    4%

  5. Primary cash surplus falls to 276 mln surplus at end of August amid revenue decline
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of Greece (BoG) data revealed on Monday. The BoG notes that this year’s figure includes arrears..., the highest figure for the year so far. However, it should be noted that the MoF and BoG apply

    4%

  6. Newsletter 132

    Newsletters

    from the Bank of Greece (BoG) this week. The overall cash balance also posted a deficit of 1.50... to a surplus of 1.57 billion euros in July from 1.36 billion a year ago according to the BoG. The headline... in July from 1.36 billion a year ago, Bank of Greece (BoG) figures showed. The headline figure

    4%

  7. Primary cash surplus at 1.75 bln as expenditure rises in Sept
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , Bank of Greece (BoG) data revealed on Thursday. The BoG notes that this year’s figure includes arrears... euros, 1.62 billion euros off target. However, it should be noted that the MoF and BoG apply different

    4%

  8. Deposit outflow of 51.7 mln in September for banks
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    a decline of 51.7 million against positive flows of 1.41 billion in August, Bank of Greece (BoG) figures... in September, Bank of Greece's (BoG) monthly financial statement revealed recently. Due to the reduction... private sector deposit flows,” the BoG noted.

    4%

  9. Newsletter 140 -17/11/2017

    Newsletters

    of Greece’s (BoG) monthly financial statement also showed that Eurosystem funding fell.... The BoG figures also revealed that banknotes in circulation fell by 1.06 billion to 36.44 billion... in Q2 2017, Bank of Greece (BoG) data showed. Compared to the previous quarter, apartment prices

    4%

  10. Primary cash surplus at 2.88 bln in Oct on higher expenditure, arrears payments
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of Greece (BoG) data revealed on Friday. The BoG notes that this year’s figure includes arrears.... However, it should be noted that the MoF and BoG apply different accounting methods

    4%