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  1. The race to reduce Greece's bad loans

    EconomyBanking

    sales. The Bank of Greece’s (BoG) latest report showed that banks had met their targets for bringing... in particular, the BoG report noted mediocre progress in reducing this category of bad loans, with NPEs

    4%

  2. Deposits positive for fourth month as May sees inflows of 919.4 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Net deposit movement in the Greek banking system remained positive with inflows of 919.4 million in May versus inflows of 870.1 million in April, Bank of Greece (BoG) figures revealed on Wednesday... in May to come to 142.94 billion. The BoG’s most recent monthly financial statement showed

    4%

  3. Newsletter 168 -29/06/2018

    Newsletters

    April, according to Bank of Greece (BoG). As a result, the outstanding balance increased to 179.34... (BoG) figures revealed. The latest figure marks four consecutive months of positive deposit inflows

    4%

  4. June primary cash surplus at 6.49 bln as revenue increase offsets higher expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s central government primary cash balance recorded a surplus of 6.49 billion euros in the first half of the year, Bank of Greece (BoG) figures showed on Wednesday. The headline figure includes..., however, that the accounting methods applied by the MoF and BoG differ and, therefore, their key

    4%

  5. May current account shows surplus of 191.5 million as underlying indicators improve
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account (C/A) balance recorded a surplus of 191.5 million euros in May, reversing the deficit of 1.34 billion noted in April, Bank of Greece (BoG) figures showed on Monday... investment during the month was stated by the BoG as the transfer of 5 percent of OTE SA

    4%

  6. Deposits inflows in June reach 1.36 bln for fifth month of positive readings
    Photo by MacroPolis

    EconomyMacroeconomy

    Net deposit movement in the Greek banking system remained positive with inflows of 1.36 billion in June, building on inflows of 919.4 million in May, Bank of Greece (BoG) figures revealed... to come to 143.84 billion. The BoG’s most recent monthly financial statement showed that Eurosystem

    4%

  7. Banks try to build on growing confidence

    EconomyBanking

    reduces dependence on the ECB and cuts down costs, Moody’s said. The Bank of Greece (BoG) announced... report, the BoG noted that in total, Eurosystem funding fell by 4.56 billion in June and now stands

    4%

  8. July primary cash surplus at 6.75 bln as revenue rise outstrips expenditure

    EconomyMacroeconomy

    Greece’s central government primary cash balance recorded a surplus of 6.75 billion euros in the first seven 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

    4%

  9. Greek banks push for return to normality

    EconomyBanking

    of 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

    4%

  10. Deposits inflows reach 840.6 mln in July driven by time deposits
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Net 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

    4%