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  1. Deposits inflows reach 840.6 mln in July driven by time deposits
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Net deposit movement in the Greek banking system continued to stay on positive ground with inflows of 840.6 million in July, albeit falling from inflows of 1.36 billion in June, Bank of Greece (BoG... manifested in positive deposit inflows into the Greek banking system. The previous month’s figure

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  2. Newsletter 173 -07/09/2018

    Newsletters

    has for Greece’s pension system. He had flagged up in a recent interview his intention to scrap the so... that Mitsotakis highlighted are his intention to make the system more contributions-based so that those who

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  3. Eurosystem funding down to 12.63 bln in August, banknotes in circulation rise slightly
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    an increase in banknotes circulating as uncertainty around the Greek banking system grew. Increasing confidence in Greece’s banking system has been driving the decline in banknotes in circulation, boosted

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  4. Tsakalotos states case on pension cuts in bid to overcome lenders' reluctance
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    that they will not affect the long-term sustainability of the pension system,” he said. “Secondly, we... Report (the 2018 edition was published in May) shows the Greek pension system is on the way to being

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  5. Deposit inflows reach 1.30 bln in August on increased sight deposits
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Net deposit movement in the Greek banking system strengthened in August with inflows of 1.30 billion from 840.6 million in July, Bank of Greece (BoG) figures revealed on Thursday. The latest figure... into the Greek banking system. August’s inflows are the second highest for the year so far after June, when

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  6. Privatisation revenues edge upward as end-of-year deadline looms
    Photo by Giannis Papanikos/Fosphotos

    EconomyFeatures

    . The network’s tunnel system has also not been fully certified - out of 73 tunnels, 17 still have outstanding... privatisations are still in the works, including the Hellenic Gas Transmission System Operator (DESFA) which

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  7. Banks submit new NPL targets to SSM, with sales leading way in reduction drive
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    -making activity in the banks’ bottom lines. The bad loans plaguing Greece’s banking system stand..., returning to a normal banking system will be a crucial step. It is estimated that by the end

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  8. Newsletter 177 -05/10/2018

    Newsletters

    for the coalition and its opponents. “This measure was not a structural policy measure as the pension system had already been reformed,” Centeno said in reference to the 2016 overhaul of the pension system

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  9. Amid market turbulence, Greece searches for scheme to help banks reduce bad loans
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    of capital controls was meant to act as a pull factor for money to return to the system. The last thing they want is for this to become a quick exit again due to fresh concerns about the banking system’s

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  10. Eurosystem funding down to 12.23 bln in September, banknotes rise for second month
    Photo by MacroPolis

    EconomyMacroeconomy

    as uncertainty around the Greek banking system grew. Confidence had been rising in Greece’s banking system

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