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Newsletter 124 - 23/06/2017
to provisional Bank of Greece (BoG) figures. Receipts stood at 483.7 million euros, while corresponding... of Greece (BoG) figures showed. The improvement in the headline figure comes from a fall
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Credit contraction slightly accelerates to 1 pct in May on deductions of 395 mln
EconomyMacroeconomyThe pace of credit contraction in the Greek market slightly accelerated to 1 percent in May from 0.9 percent in the previous month, Bank of Greece (BoG) figures showed on Wednesday. The net lending...). The latest BoG figures showed that NPE stock fell to 104.8 billion euros at the end of December
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Building activity falls by 0.9 pct in April
EconomyMacroeconomyby around 87 percent to 12,526 in 2016. The most recent quarterly Bank of Greece (BoG) figures showed... percent over this period. BoG recently said that 42.2 percent of residential loans were classified
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Primary cash balance records deficit of 434 mln in first six months
EconomyMacroeconomyGreece’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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Newsletter 128 - 21/07/2017
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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Credit contraction accelerates to 1.3 pct in June on loan deductions of 206 mln
EconomyMacroeconomyThe 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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Building activity up by 45.7 pct in May, highest since Dec 2005
EconomyMacroeconomyhave 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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Primary cash balance posts deficit of 46 mln at end of July
EconomyMacroeconomyGreece’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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About to soar? Greece's economy still needs to be handled with care
Agorabillion 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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Building activity rises by 9 pct in June, permits above 1,000 for fourth month
EconomyMacroeconomy87 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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