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Stable rate in time deposits, corporate loan rates pick up in July
EconomyMacroeconomyGreek households’ new time deposit rate was kept stable at 0.86 percent in July, Bank of Greece (BoG) data showed on Thursday. This rate is hovering around 0.85 to 0.88 percent in the last five... (mostly credit cards) remained almost stable at 14.47 percent. BoG figures also showed a 7 bps
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Newsletter 89 - 23/09/2016
goods following suit with rises of 8.2 and 7.6 percent, respectively. Bank of Greece (BoG) figures... for the fourth consecutive month by 3.5 percent to 2.85 billion in July, BoG data also showed. In addition
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Credit contracts by 1.7 pct in August, loans balance at its lowest since 2007
EconomyMacroeconomyCredit contraction in the Greek market slightly accelerated to 1.7 percent in August from 1.6 percent in the previous month, Bank of Greece (BoG) figures displayed on Friday. As a result, loan... 108 billion at the end of March, according to BoG. Banks have reportedly submitted to the Hellenic
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Newsletter 90 - 30/09/2016
in July, according to the Bank of Greece (BoG) figures published on Tuesday. The August inflows indicate.... Meanwhile, BoG data also showed credit contracted 1.7 percent in August, with balances decreasing
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Building activity soars 35.4 pct in July mostly reflecting a low base effect
EconomyMacroeconomyto a nosedive of more than 86 percent. Bank of Greece (BoG) figures showed that apartment prices retained... to BoG. The most recent construction confidence indicator published by the European Commission displayed
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Deposits edge down to 123.5 bln in September on outflows of 379 mln
EconomyMacroeconomyThe Greek market recorded deposit outflows of 379 million euros in September, following inflows of 1.33 billion in August, Bank of Greece (BoG) figures displayed on Thursday. The deposit balance... to the end-2015 figure. BoG earlier data also showed that Greek banks’ Eurosystem funding dropped by 3.15
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Bank credit contracts by 1.7 pct in September on loan deductions of 355 million
EconomyMacroeconomyThe rate of credit contraction in the Greek market remained stable at 1.7 percent in September, Bank of Greece (BoG) figures showed on Thursday. The loan balance further dropped to 198.42 billion... to household loans. BoG governor Yannis Stournaras noted in mid-July that banks are expected to reduce
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Office prices edge up 0.2 pct in H1, retail prices drop 0.8 pct
EconomyMacroeconomyThe office prices in Greece edged up 0.2 percent in the first half (H1) of 2016 after a marginal rise of 0.1 percent in H2 2015, Bank of Greece (BoG) data showed on Tuesday. The headline figure... in H2 2015. The BoG started publishing the commercial property indices semi-annually last year
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Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
EconomyMacroeconomyfor 2016. The MoF, Bank of Greece (BoG) and the EC estimate a mild GDP contraction of 0.3 percent.... The MoF and EC foresee GDP growth of 2.7 percent. The BoG estimate stands at 2.5 percent. The OECD
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Primary cash surplus to Oct at 4 bln, including arrears repayment of 2.2 bln
EconomyMacroeconomyGreece’s central government primary cash surplus fell by 875 million eurso to 3.97 billion in the 10-month period of 2016 from 4.84 billion a year ago, Bank of Greece (BoG) figures displayed... not include arrears repayment, while the MoF and BoG apply different accounting methods in their reporting.
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