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Current account deficit exceeded 20 bln last year, up from 12.27 bln in 2021
EconomyMacroeconomyeuros in November 2022, Bank of Greece (BoG) data showed on Monday. In December 2021, the balance showed a deficit of 2.28 billion euros, while in December 2020 the current account posted a deficit... offset by an improvement in the balance of goods. The deficit for the balance of goods in December
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Current account deficit widens to 15.13 bln in 2024
EconomyMacroeconomyGreece’s current account remained in deep deficit in December, widening to 3.6 billion, from 3.15 billion euros in November, Bank of Greece (BoG) data showed on Thursday. In December 2023... came to 3.19 billion euros in December, from 3.42 billion euros in the same month last year. Total
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Newsletter 5 - 28/11/2014
is running out for the Greek coalition to reach an agreement with the lenders before the critical December 8... parliament can be notified is at the end of next week (December 5), while the German parliament could approve a Greek request if it is submitted before December 8. A day before the December 8 Eurogroup
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Greek deposits down 4.2 bln in Dec for highest outflows since June 2012
EconomyMacroeconomyGreek private sector deposits fell for the third straight month in December, when they declined... figure for December outflows is higher than the 3 billion rumoured in the local media and reflects... of December outflows shows they are fully attributed to time outflows of 6.22 billion euros, while savings
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How Greek banks were left on the brink
Agorathat began last December and the uncertainty that prevailed over the last few months regarding.... Liquidity The first negative impact that Greek banks felt since December concerned their liquidity... started at 4.2 billion euros in December, peaked at 12.8 billion in January, remained at high
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Stock market slips 1.4 pct dragged by huge bank losses
Economyon the second set of prior actions Greece has to implement by mid December to unlock the next sub... until December 1 to facilitate the reverse split process, while the resulting shares will resume trading on December 2. For the same reason, NBG stock will cease trading from December 30 until
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General gov't primary cash surplus more than doubles to 4.14 bln in 2015, arrears ease to 5.4 bln
EconomyMacroeconomyto 5.39 billion at the end of December from an upward revised 5.8 billion in November. Despite a drop... from SSFs, with their stock climbing by 936 million to 2.77 billion in December and making up more... million to 451 million at the end of December accounting for 8.4 percent of total. The other three sub
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Eurosystem funding falls by 1.9 bln in Dec, down by 60 bln since July 2015
EconomyMacroeconomyGreek banks’ Eurosystem funding dropped by 1.87 billion euros in December, at a slower pace... balance at 66.62 billion at the end of December, its lowest level in the last two years. The decrease in Central Bank funding in December mostly reflects a drop in the Emergency Liquidity Assistance (ELA
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Newsletter 104 - 27/01/2017
surplus of 4.44 billion in 2016 The short-term debt relief measures endorsed by the December 5 Eurogroup... pace, by 11,096 QoQ to 314,917 at the end of December. KEAO data also revealed that SSC collection... their borrowing from the Eurosystem by 60 billion euros since July 2015 December’s drop largely reflects
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Positive deposit flow of 2.8 bln in Dec leads 2016 inflows to 4.2 bln
EconomyMacroeconomyThe Greek market posted notable inflows of 2.8 billion euros in December from a marginal positive... bonus to the private sector. In December 2015, the domestic market had recorded similar inflows of 2.65... sector deposits as of December 2016, BoG noted. Therefore, the reported outstanding deposit balance
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