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  1. Banks end year with continued bad loan sales

    EconomyBanking

    billion euros. In its Interim Report on Monetary Policy 2020, the Bank of Greece (BoG) said that NPLs... percent. BoG noted that a large number of loans benefiting from moratoria until end-December 2020... the Hercules scheme, BoG argued that further schemes needed to be considered going into 2021

    4%

  2. Current account shows deficit of 1.26 bln in November
    Photo by MacroPolis

    EconomyMacroeconomy

    to 767.4 million in October, Bank of Greece (BoG) data showed. In the same period last year, the balance... year-on-year (YoY). According to the BoG, November’s performance is due to an improvement in both... compared to a deficit of 2.15 billion in the relevant period of 2019. According to BoG, this is due

    4%

  3. Current account deficit narrows to 840.3 mln in Feb as imports drop
    Image via www.http://www.cenergyholdings.com

    EconomyMacroeconomy

    million euros in January, Bank of Greece (BoG) data showed on Tuesday. In February 2020, the balance... euros year-on-year (YoY). According to the BoG, February’s performance is due to an improvement... compared to a deficit of 2.44 billion in the relevant period of 2020. According to BoG, this is due

    4%

  4. Newsletter 424 - 24/05/2024

    Newsletters

    . The BoG notes that absorption thus far is a rather satisfying rate of 41 pct. Greece has used up... a combination of investors’ own participation and a mix of banks and RRF loans. According to the BoG... growing coverage, with the local media reporting that the BoG is concerned that the flow of RRF

    4%

  5. Slow pace at which RRF funds reaching firms a growing issue

    Economy

    entrepreneurship. The BoG notes that absorption thus far is a rather satisfying rate of 41 pct. Greece has... to the BoG, the total applications for funding stand at 23.8 billion euros, while the signed... receiving growing coverage, with the local media reporting that the BoG is concerned that the flow

    4%

  6. Greek budget outperformed targets by 3.9bn euros to August, preliminary figures show

    Economy

    of 9.04 billion released by the Bank of Greece (BoG) includes 4.63 billion for repayment of arrears, which explains the initial discrepancy between MoF and BoG figures. The bottom-line outperformance

    4%

  7. Greek C/A deficit to July narrowed to just 156 mln with boost from tourism

    EconomyMacroeconomy

    The July current account (C/A) balance showed a surplus of 2.73 billion euros from 510 million euros last year, according to the Bank of Greece (BoG). The significant increase mainly reflects a jump... a C/A balance close to zero in 2013 and 2014. Note that the latest BoG estimates released

    4%

  8. Greece on way to 2013 primary surplus as budget outperformed targets by 3.85bn euros to August

    Economy

    deficit of 9.04 billion released by the Bank of Greece (BoG) includes 4.63 billion for repayment of arrears, which explains the initial discrepancy between preliminary MoF and BoG figures. The bottom-line

    4%

  9. Greek banks less reliant on Eurosystem funding in September

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding, the combined liquidity they have received from the European Central Bank (ECB) and the Bank of Greece (BoG) Emergency Liquidity Assistance (ELA) mechanism, dropped by another 1.4 billion euros in September, according to the BoG’s monthly financial statement. Monthly

    4%

  10. Greece's current account in surplus for the fourth consecutive month

    EconomyMacroeconomy

    The August current account (C/A) balance showed a surplus for the fourth consecutive month at 1.22 billion euros from 1.63 billion last year, according to Bank of Greece (BoG). The recorded drop year... years. Latest BoG estimates (released in the end of May) called for a C/A deficit of 3 percent of GDP

    4%