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Current account deficit hits €11.2 bln in 2020 after tourism collapse
EconomyMacroeconomyGreece’s current account (C/A) balance deteriorated by 8.44 billion euros to a deficit of 11.17 billion euros, compared to a deficit of 2.73 billion euros in 2019, Bank of Greece (BoG) data showed... that the month’s deficit worsened by 81.5 million euros year-on-year (YoY). According to the BoG, December’s
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Loans under credit servicing firms jumps by 19 pct QoQ to 38.9 bln
EconomyBankingThe Bank of Greece’s (BoG) released statistics for the fourth quarter (Q4) of 2020 regarding the operations of Credit Servicing Firms (CSFs) in Greece on Tuesday. BoG said that the data was being provided as part of ongoing efforts to further enhance the information disseminated to the public
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Current account shows deficit of 436 mln in January
EconomyMacroeconomyGreece’s current account (C/A) balance posted a deficit of 435.7 million euros in January compared to 653.8 million euros in December, Bank of Greece (BoG) data showed. In January 2020, the balance... euros year-on-year (YoY). According to the BoG, January’s performance is due to an improvement in all
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Newsletter 290 - 26/03/2021
in December, Bank of Greece (BoG) data showed. In January 2020, the balance showed a deficit of 1.29...). According to the BoG, January’s performance is due to an improvement in all balance of payments
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Newsletter 292 - 09/04/2021
contraction of 8.2 pct last year, the economy showed resilience according to BoG. It was largely... pct of GDP. BoG expects a strong rebound in the second half of the year, towards an annual growth
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Newsletter 294 - 23/04/2021
million euros in January, Bank of Greece (BoG) data showed. In February 2020, the balance showed...-on-year (YoY). According to the BoG, February’s performance is due to an improvement in the balance
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Current account shows deficit of 1.46 bln in March as imports rise
EconomyMacroeconomyGreece posted a current account (C/A) deficit of 1.46 billion euros in March compared to 840.3 million euros in February, Bank of Greece (BoG) data showed on Friday. In March 2020, the balance showed... year-on-year (YoY). According to the BoG, March’s performance is due to a deterioration
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Newsletter 299 - 04/06/2021
in April, compared with 2.9 percent in March, Bank of Greece (BoG) figures showed. The net lending... of 1.65 billion euros in March, Bank of Greece (BoG) figures revealed. The outstanding balance
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Loans under credit servicing firms increase 7.2 pct QoQ to 42.8 bln
EconomyBankingThe Bank of Greece’s (BoG) released statistics for the first quarter (Q1) of 2021 regarding the operations of Credit Servicing Firms (CSFs) in Greece. BoG said that the data was being provided as part of ongoing efforts to further enhance the information disseminated to the public and to analysts
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Current account shows deficit of 2.08 bln in April as trade continues overall rebound
EconomyMacroeconomyGreece posted a current account (C/A) deficit of 2.08 billion euros in April compared to 1.46 billion euros in March, Bank of Greece (BoG) data showed on Friday. In April 2020, the balance showed...-on-year (YoY). According to the BoG, April’s performance is due to a deterioration in the balances
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