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  1. Primary cash balance records deficit of 434 mln in first six months
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s central government primary cash balance turned to a deficit of 434 million euros in the first six months of 2017 from a surplus of 2.76 billion last year, Bank of Greece (BoG) data revealed... a surplus of 726 from the same time last year. It should be noted, though, that the MoF and BoG apply

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  2. Newsletter 128 - 21/07/2017

    Newsletters

    in the second quarter (Q2) of 2017, in line with earlier expectations, the Bank of Greece (BoG) bank lending... of Greece (BoG) data revealed. This year’s figure includes arrears’ repayments of 799 million

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  3. Credit contraction accelerates to 1.3 pct in June on loan deductions of 206 mln

    EconomyMacroeconomy

    The pace of credit contraction in the Greek market accelerated for the second successive month in June, reaching 1.3 percent, Bank of Greece (BoG) figures showed on Thursday. As a result... lending (down 25.1 percent). As clearly indicated by BoG, the biggest challenge for Greek banks as well

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  4. Building activity up by 45.7 pct in May, highest since Dec 2005
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    have plummeted by around 87 percent to 12,526 in 2016. The most recent quarterly Bank of Greece (BoG... the balance down by 24.7 percent over this period. BoG recently said that 42.2 percent of residential loans

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  5. Primary cash balance posts deficit of 46 mln at end of July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s central government primary cash balance stood at a deficit of 46 million euros in the first seven months of 2017 from a surplus of 2.38 billion last year, Bank of Greece (BoG) data revealed... Investment Budget (PIB) balance by 46 million. It should be noted, though, that the MoF and BoG apply

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  6. About to soar? Greece's economy still needs to be handled with care
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    billion euros in July. In July, the Bank of Greece (BoG) said that at the end of the first quarter of the year, NPEs stood at 45.2 percent of loans. The same BoG report revealed that nearly 74 percent

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  7. Building activity rises by 9 pct in June, permits above 1,000 for fourth month

    EconomyMacroeconomy

    87 percent to 12,526 in 2016. The most recent quarterly Bank of Greece (BoG) figures show... in July and the balance decreased further to 59.82 billion euros, according to the BoG. Around 41

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  8. Deposit inflows rise to 1.41 bln in August, highest for 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The positive deposit flow in the Greek banking system picked up pace in August to 1.41 billion euros from 928 million in July, Bank of Greece (BoG) figures revealed on Wednesday. The figure... private sector deposit flows,” the BoG noted.

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  9. Newsletter 133

    Newsletters

    in the Greek market slowed slightly in August, easing to 0.9 percent, Bank of Greece (BoG) figures... billion euros from 928 million in July according to figures from the Bank of Greece (BoG). The figure

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  10. Travel balance posts surplus of 3.15 bln in H1 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The balance of travel services came to a surplus of 3.15 billion euros for the first half (H1) of the year, Bank of Greece (BoG) figures showed. The headline amount is 8.5 percent higher than..., in average expenditure per trip (476 euros versus 451 euros in H1 2016), the BoG noted. Foreign

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