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  1. Newsletter 246 -03/04/2020

    Newsletters

    (KKE). OECD sees economy at risk from coronavirus BoG warns of pandemic's impact in 2020 after... of GDP. Additionally, the Bank of Greece (BoG) has made its first estimate of the impact.... In the governor's annual report, BoG analysts said that 2019 was a strong year for the Greek real

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  2. Newsletter 256 -03/07/2020

    Newsletters

    followed by SYRIZA with 24 percent, with KINAL a distant third with 5 percent. BoG highlights Covid-19 challenges Alpha Bank seals bad loans sale deal The Bank of Greece (BoG) published its Monetary Policy.... The BoG notes that the Greek economy was already slowing down from the first quarter of the year when

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  3. Fiscal consolidation leads Greek 9-month primary cash balance to 2.76 bln

    EconomyMacroeconomy

    in the 9-month period, from deficit of 3.32 billion last year, according to the Bank of Greece (BoG... a deficit of 109 million last year. Note that the central government figures reported by BoG are on a cash... bulletin are calculated on a modified cash basis. The breakdown of BoG 9-month figures showed cash

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  4. Drop in revenues drives Jan central government primary cash deficit to 149 mln

    EconomyMacroeconomy

    2015 from surplus of 812 million last year, according to the Bank of Greece (BoG). The central... 2014. The central government figures published by BoG are purely on a cash basis, while the respective... not comparable. The breakdown of BoG figures showed a sharp drop in cash revenues by 29.9 percent

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  5. Greek central gov’t cash surplus shrinks 70 pct to 503 mln by February

    EconomyMacroeconomy

    of Greece (BoG). The central government net balance posted a deficit of 684 million in the 2-month period from surplus of 139 million last year. BoG reports central government figures purely on a cash basis.... Other adjustments also make the figures not directly comparable. Comparing BoG primary cash surplus

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  6. Newsletter 24 - 24/04/2015

    Newsletters

    their cash reserves and time deposits to a Bank of Greece (BoG) account. The decision mainly relates... of February, according to the most recent BoG data, local government and hospital deposits stood at 2.23... money transfers to the BoG. The KEDE stressed that the decision abolishes municipal self-government

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  7. Greek primary cash surplus at 1.07 billion at end-May on lower expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    in the 5-month period of 2015, from 1.057 billion last year, according to the Bank of Greece (BoG... net balance showed a deficit of 1.7 billion year to date. It is worth reminding that BoG’s figures... into account other accounting adjustments, the BoG and MoF figures are not directly comparable

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  8. Management of NPLs to test gov't in negotiations with lenders
    Photo by MacroPolis

    Economy

    for a coordination mechanism overseen by the Bank of Greece (BoG) with the mandate to consider large...) BoG should appoint a single special liquidator and introduce a performance-based remuneration... of a special coordinating secretariat and project management office at the BoG to support

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  9. Newsletter 64 - 26/02/2016

    Newsletters

    of the targeted revenues. In its annual report published Friday, Bank of Greece (BoG) governor... associated with global developments and the domestic economy. The BoG report also provided an update... and housing loans at 43.3 and 398 percent, respectively. The BoG also said that 48.8 percent of NPEs

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  10. A closer look at the composition of Greece's bad loans
    Photo by MacroPolis

    EconomyBanking

    (BoG) review report on the Greek banking system published in late July also revealed a number... to BoG. In the corporate sector, the highest NPE ratios were recorded in loans to sole proprietors... six months. BoG also stressed that from the NPEs that are non-performing for more than one year, more

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