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  1. Newsletter 240 -21/02/2020

    Newsletters

    to Bank of Greece (BoG) data. In the same period last year, the deficit was 1.51 billion euros, improving by 973.9 million year-on-year (YoY). According to the BoG, December’s performance is primarily...) of 2019 from a revised increase of 8.3 percent in Q3, Bank of Greece (BoG) data showed. According

    4%

  2. Current account shows deficit of 1.29 bln in January
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    a deficit of 540.3 million in December, according to Bank of Greece (BoG) data released on Friday... by 108.4 million euros or 9.2 percent year-on-year (YoY). According to the BoG, January’s performance... of 82.2 million in December, down from 105.7 million last year. The BoG noted that the deterioration

    4%

  3. Building permits increase by 55.7 pct in January
    Photo by MacroPolis

    EconomyMacroeconomy

    quarterly Bank of Greece (BoG) figures showed that apartment prices rose by 7.5 percent YoY during... by 17.5 points However, the BoG warned recently that while 2019 was a strong year for property...,” the BoG said.

    4%

  4. Current account shows deficit of 1.14 bln in February
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to a deficit of 1.29 billion in January, Bank of Greece (BoG) data showed on Tuesday. In the same... million euros year-on-year (YoY). According to the BoG, February’s performance is primarily... compared to a deficit of 2.20 billion in the relevant period of 2019. BoG said that this reflects

    4%

  5. Newsletter 252 -29/05/2020

    Newsletters

    on Monday as a lone voice in favour of taking advantage of cheap credit wherever it is available. BoG... is a large part of the banks’ capital base. According to BoG calculations, the loss of capital per... funding. BoG’s range of forecasts for this year is 4.5 to 9.5 pct, with 6 pct recession being

    4%

  6. Newsletter 254 -19/06/2020

    Newsletters

    (BoG) released statistics for the first quarter (Q1) of 2020 regarding the operations of Credit Servicing Firms (CSFs) in Greece. BoG said that the data was being provided as part of ongoing efforts... euros in the first five months of the year according to figures released by the Bank of Greece (BoG

    4%

  7. Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
    Bank of Greece

    EconomyBanking

    of the portfolio to a loan and credit management company regulated by the Bank of Greece (BoG) under... recovery,” the bank said. In the first quarter of the year, BoG said that Greece’s banks noted a drop in pre-tax profits to the tune of 87 percent versus the same period in 2019. The BoG once more

    4%

  8. Current account shows deficit of 874.5 mln in July as travel receipts disappoint
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to a deficit of 1.42 billion euros in June, Bank of Greece (BoG) data showed on Monday. In the same... worsened by 2.22 billion euros year-on-year (YoY). According to the BoG, July’s performance stems from... of 2019. According to BoG, this is due to a decline in the services surplus, as well as the surplus

    4%

  9. Current account shows surplus of 79.7 mln in August
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    to a deficit of 874.5 million euros in July, Bank of Greece (BoG) data showed on Wednesday... worsened by 1.72 billion euros year-on-year (YoY). According to the BoG, August’s performance stems.... According to BoG, this is due exclusively to a decline in the services surplus, which was partly

    4%

  10. Current account shows deficit of 498.8 mln in September on declining services and oil receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    to a surplus of 79.7 million euros in August, Bank of Greece (BoG) data showed on Friday. In the same... worsened by 1.41 billion euros year-on-year (YoY). According to the BoG, September’s performance... months of 2020 compared to a deficit of 90.1 million in the relevant period of 2019. According to BoG

    4%