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  1. Provisions of out-of-court workout bill outlined ahead of submission to Parliament
    Photo by Vassilis Asvestopoulos/Fosphotos

    EconomyProgramme

    . It will exclude strategic defaulters. Based on Bank of Greece (BoG) and ministry data, Papadimitriou noted... and subordinate fines and surcharges. According to the latest official figures from the BoG, non-performing

    4%

  2. Building activity resumes downswing falling by 5.7 pct in October
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    in the third quarter (Q3), according to the Bank of Greece (BoG). Overall, apartment prices have plummeted 42... net deductions of 14 billion since 2011 with balances down 19 percent over this period. BoG said

    4%

  3. Credit standards and demand for corporate and household loans remain unchanged in Q4

    EconomyMacroeconomy

    Credit standards for both corporate and household loans remained stable quarter on quarter (QoQ) in the fourth quarter (Q4) of 2016, in line with previous estimates, Bank of Greece (BoG) bank lending... and corporate loans stayed stable in Q4. BoG figures also displayed that the share of rejected loan

    4%

  4. Primary cash surplus of 1.95 bln in 2016 including arrears’ repayment of 3.85 bln

    EconomyMacroeconomy

    Greece’s central government primary cash surplus fell to 1.95 billion in 2016 from 3.49 billion in the previous year, Bank of Greece (BoG) figures displayed on Tuesday. It should be pointed out..., while MoF and BoG apply different accounting methods in their reporting.

    4%

  5. Newsletter 103 - 20/01/2017

    Newsletters

    . In the same report, the BoG said that following a marked rise by 11.3 percent in the second half of 2016... in the first half of 2016. Overall, the BoG noted that the value of card transactions has recorded

    4%

  6. General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on June 21 and 1.7 billion in October 26 exclusively for net arrears clearance. Bank of Greece (BoG... million attributed to a reduction in BoG loans. At the end of 2016, EFSF/ESM/IMF loans stood at 227.66

    4%

  7. Tsakalotos and Stournaras raise objections to IMF assumptions
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    percent, which is unexplained, the BoG governor notes. He also disagrees with the IMF assumption... BoG has estimated that the achievement of non-performing loan (NPL) reduction targets will further

    4%

  8. Primary cash surplus down to 248 mln in Jan, including modest arrears repayment of 41 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s central government primary cash surplus dropped by 138 million euros to 248 million in January, Bank of Greece (BoG) figures showed on Friday. The headline figure includes modest arrears... figures do not include arrears’ repayments. In addition, the MoF and BoG apply different accounting

    4%

  9. Bill for out-of-court workout ready but may need tweaks

    EconomyProgramme

    of last June, corresponding to 53 percent of corporate loans, according to the Bank of Greece (BoG). Greek..., the implementation of the out-of-court is a key condition meeting those targets. Moreover, a recent BoG

    4%

  10. Newsletter 108 - 24/02/2017

    Newsletters

    by 4.7 percent in December, after falling by 13.8 percent in November, Bank of Greece (BoG) figures... to 933.4 million in December from 783.8 million a year ago, BoG figures showed. The deterioration

    4%