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BoG charts how crisis has affected private sector employment
EconomyIn its latest economic bulletin, the Bank of Greece (BoG) included a study that sets out how... by 133,500 thousand for the first time after six consecutive years of negative balance. The BoG study... is some 20 percent below that of men (53.5 euros). Another important finding from the BoG study
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BoG sees ample capital space for banks to sell bad loans
EconomyBankingof Greece (BoG) presents in its semiannual overview of the Greek financial system a sensitivity analysis... goals. In its analysis, the BoG examines the level of flexibility that Greek lenders have in managing... secondary market for destressed debt. As the macro conditions improve, the BoG expects
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BoG data shows drop in card usage in first half of 2019
EconomyFeaturesThe Bank of Greece (BoG) Financial Stability Report for December has shed light on a number... at 67 euros per transaction per card. BoG also tracked card fraud rates in the report, showing.... It should be noted, however, that the figures from BoG for the first half of 2019 do not capture
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BoG sees 2.2 pct growth in 2023 but warns new govt must stick to reforms
Economy. The BoG sees the economy growing faster than it was previously thought, up to 2.2 pct, from 1.5 pct... imports. On the fiscal front, the BoG sees a primary surplus returning after three years of deficits... that could undermine the commitment to fiscal responsibility and debt sustainability. Upgrade BoG adds
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BoG sees sustained growth and progress, but challenges require policy drive
EconomyMacroeconomygoods, is expected to drop significantly. The BoG identifies several risks to growth, including..., and declining non-performing loans (NPLs). To address the economic challenges and sustain growth, BoG... become more competitive. Overall, the BoG argues that Greece has made notable progress, with GDP growth
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BoG cautiously optimistic on economy and banking sector
Economyto the Bank of Greece (BoG)’s latest Financial Stability Review. While growth has slowed slightly, the report... pct. The BoG noted that domestic lenders performed above the EU average in the latest stress tests.... To bolster resilience, it raised the countercyclical capital buffer by 0.25 percentage points. BoG’s
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Latest BoG report sees sustained growth, range of challenges
EconomyMacroeconomypolicy recommendations for the ongoing economic challenges. The BoG notes that the economy..., declining non-performing loans and resilience confirmed by EU-wide stress tests. According to BoG... decline, labour market pressures and high public debt. To address these challenges, BoG stresses
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BoG sees Greek growth resilience, highlights global risks
EconomyMacroeconomyrisks. The BoG says the international environment is characterised by increased instability, which... gap. The BoG argues that foreign direct investment (FDI) reached an all‑time high, signalling strong... capital adequacy. The BoG emphasises the need to accelerate completion of the Banking Union
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Greek travel receipts rise 9.1 pct in January as surplus doubles
EconomyMacroeconomyGreece's travel receipts rose by 9.1 percent in January, after a modest increase of 1 percent in December, according to the Bank of Greece (BoG). The absolute figures showed travel receipts stood... parity would result in incremental revenues of 1 to 15 billion euros for this year.
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Athens treads carefully over Ukrainian stand-off
PoliticsForeign Policyhis visit to Mariupol and Sartana in Ukraine on Monday and his telephone call with his Ukrainian... and instead only visited cities with strong Greek communities, Mariupol and Sartana. However, Dendias visited
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