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Athens makes landmark foreign policy shift by sending arms to Ukraine
PoliticsForeign Policyin Sartana on the outskirts of Mariupol. In a statement, the Greek Foreign Ministry said... unhappy that Russia denied on Saturday any involvement in the aerial strikes on the Sartana and Buhas
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BoG shows lower deposit rates and a sharper drop in loan rates in June
EconomyMacroeconomyΤhe interest rate on households’ new time deposits dropped another 14 basis points (bps) to 2.39 percent in June, according to the Bank of Greece (BoG). In contrast to the first quarter of the year... is a historic low. The BoG noted that since June 2014 restructured loans are no longer included
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BoG data shows that overseas property investment revenue accelerated in 2018
EconomyFeaturesProperty investments from overseas parties have picked up in recent years in Greece, as illustrated by figures from the Bank of Greece (BoG) which showed that 1.35 billion euros worth of foreign.... Property prices The latest data from the BoG showed that apartment prices in Greece during
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BoG governor renews calls for launch of bad bank and ESM use
EconomyBankingthat currently is a large part of the banks’ capital base. According to BoG calculations, the loss... for near-zero interest funding. BoG’s range of forecasts for this year is 4.5 to 9.5 pct, with 6 pct
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BoG outlines factors hampering affordability in Greek housing market
EconomyMacroeconomyyear, although it has not yet reached its 2011 peak. The BoG identifies a persistent state of excess.... The BoG notes that these developments signal the beginning of accumulating cyclical systemic risks. While
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Newsletter 108 - 24/02/2017
has made it clear that it wants Berlin to relax its demands for a 3.5 percent of GDP primary... 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
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Newsletter 119 - 19/05/2017
Ministry publishes roadmap to relax capital controls GDP growth for 2017 was downwardly revised... of 0.6 percent in H1, Bank of Greece (BoG) data showed. The headline figure indicates the second... was prepared in cooperation with the BoG and is a non-legally binding document outlining the strategy
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Capital controls eased, allowing larger withdrawals and doubling limit on business transfers abroad
EconomyMacroeconomyand is double the amount that was previously permitted. Towards the end of last year, the Bank of Greece (BoG... announced on May 2017 a roadmap to relax capital controls and eventually lift the restrictions through... authorities via the BoG commit to monitor quarterly key statistics related to capital controls as well
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Newsletter 137 -27/10/2017
, though, is by how much the target will be beaten and how much of the excess surplus the coalition..., Bank of Greece (BoG) figures showed that the current account (C/A) balance recorded a surplus... to 0.8 percent in September from 0.9 percent in August, Bank of Greece (BoG) figures showed
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Signs of siege mentality in gov't dispute with lenders, BoG governor
PoliticsGreek PoliticsDraghi. The SYRIZA-Stournaras relationship took another turn for the worse in December, when the BoG
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