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Greek banks push for return to normality
EconomyBankingof Emergency Liquidity Assistance (ELA). As of July, BoG noted that Greek banks’ Eurosystem funding declined... eligibility in the programme. NPLs and property It was reported by BoG that in the first quarter
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Deposits inflows reach 840.6 mln in July driven by time deposits
EconomyMacroeconomyNet deposit movement in the Greek banking system continued to stay on positive ground with inflows of 840.6 million in July, albeit falling from inflows of 1.36 billion in June, Bank of Greece (BoG... government (gg), rose by 1.13 billion in July to come to 144.94 billion. The BoG’s most recent monthly
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Newsletter 173 -07/09/2018
(BoG) that Greek banks succeeded in meeting their non-performing exposure (NPE) reduction target... was reduced by 3 billion QoQ or 47.7 percent. However, BoG noted that banks missed their NPLS reduction target
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Turnover in tourism grows by 11.5 pct during Q2
EconomyMacroeconomy. The figures are in line with the tourism figures from the Bank of Greece (BoG). According to the BoG
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Mortgage loans a key piece of NPL reduction puzzle
EconomyBankingThe persisting issue of non-performing loans (NPLs) was one of the key items discussed last week by the government and the institutions. In its latest report, the Bank of Greece (BoG) outlined... figures have to fall to 25.3 billion and 17.6 billion, respectively. As the BoG report outlined
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Primary cash surplus up to 16.76 bln in Aug on improved revenues and cash buffer disbursement
EconomyMacroeconomyGreece’s central government primary cash balance recorded a surplus of 16.76 billion euros in the first eight months of the year, Bank of Greece (BoG) figures have shown. The headline figure includes..., that the accounting methods applied by the MoF and BoG differ and, therefore, their key figures
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Deposit inflows reach 1.30 bln in August on increased sight deposits
EconomyMacroeconomyNet deposit movement in the Greek banking system strengthened in August with inflows of 1.30 billion from 840.6 million in July, Bank of Greece (BoG) figures revealed on Thursday. The latest figure... billion in August to come to 146.99 billion. The BoG’s most recent monthly financial statement showed
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Newsletter 176 -28/09/2018
July, Bank of Greece (BoG) figures showed. As a result, the outstanding balance decreased to 177.44... with inflows of 1.30 billion from 840.6 million in July, Bank of Greece (BoG) figures revealed
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Travel surplus rises by 17.4 pct in H1 as sharp rise in visitors drives receipts growth
EconomyMacroeconomyThe balance of travel services came to a surplus of 3.69 billion euros for the first half (H1) of the year, Bank of Greece (BoG) noted in its travel balance report for the first six months... percent. Traveller concentration BoG’s report showed that five out of 13 regions account for over 88
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Primary cash surplus at 17.96 bln in Sept as expenditure for the month falls
EconomyMacroeconomyGreece’s central government primary cash balance recorded a surplus of 17.96 billion euros in the first nine months of the year, Bank of Greece (BoG) figures have shown. The headline figure includes... be noted, however, that the accounting methods applied by the MoF and BoG differ and, therefore
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