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Newsletter 101 - 23/12/2016
for such an eventuality. As the year ends, though, all options remain open. BoG seeks swift conclusion of review Central..., the Bank of Greece (BoG) called for a swift conclusion of the second programme review and implementation of reforms and privatisation measures. BoG upgraded its macro estimates, which now point
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Bravo, Bank of Greece
Agora, one assumes that these important parties are looking at the same data that the BoG is now sharing... and developments. Specifically, can the BoG add some data lines on demographics (population, working-age... and the output gap. In several tables the BoG provides data and/or ratios to GDP. But, in the forward looking
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Bank of Greece sees growth at 0.7 pct in 2014, NPLs up to 34.1 pct
EconomyMacroeconomyThe Bank of Greece (BoG) expects GDP to expand by 0.7 percent in 2014 and further by 2.5 percent... be stronger if the recent decline in oil prices is taken into account, the central bank says. The BoG also... at low cost. According to the BoG, the economic policy should focus to maintain and strengthen
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Bank of Greece warns of dangers in failure to reach deal with lenders
EconomyMacroeconomyIn its biannual Monetary Policy report published on Wednesday, the Bank of Greece (BoG) makes clear....” The BoG highlights that a failure to reach a deal would mark the beginning of a painful process... on the evidence so far, BoG thinks a compromise has already been reached on the main conditions
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Central gov't cash deficit down to 1.14 bln in March
EconomyMacroeconomy. 59 percent lower compared to last year’s 2.76 billion, according to the Bank of Greece (BoG... positive posting a surplus of 771 million from a deficit of 999 million last year. BoG notes that adjusting... to higher expenditure (268 million) and lower revenues (95 million) posted in BoG numbers on a cash
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Stress mounts ahead of ECB's tests on Greek banks
Economyreaction, the Greek finance minister reportedly reminded his colleagues that the Bank of Greece (BoG... banks proceeded with capital increases after the BoG announcement, raising a total of 8.3 billion... results than those of the BoG, this would send a negative signal to private investors on the reliability
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Central gov't cash surplus rises to €3 bln in October despite drop in revenues
EconomyMacroeconomyin the 10-month period from deficit of 3.42 billion last year, according to the Bank of Greece (BoG). This implies... that the central government figures reported by the BoG are purely on a cash basis, while the respective... on a modified cash basis. The breakdown of BoG 10-month figures showed cash revenues rose by 1 YoY
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Primary cash surplus reaches 1.05 bln at end of April
EconomyMacroeconomy, according to the Bank of Greece (BoG). Note though that last year’s figure included one-off revenues.... Note that BoG’s central government figures are reported on a purely cash basis, while the respective.... Note also that due to other accounting adjustments the BoG and MoF figures are not directly
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Newsletter 78 - 17/06/2016
at the start of next week. Earlier this week, the central Bank of Greece (BoG) published its monetary... liquidity and improve the investment environment in the second half of the year. However, BoG... are forecast for 2017 and 2018, respectively. According to BoG, the biggest risk to its forecasts
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Capital controls trigger big rise in card use and VAT revenues, Bank of Greece data shows
EconomyMacroeconomyof Greece (BoG) concludes in its interim monetary policy report published last Friday. In contrast, the recent rise in the VAT rate is having a negative effect on VAT revenues and the BoG suggests... to previous levels. The BoG study shows that the share of private consumption expenditure conducted
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