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  1. Greek banks' Eurosystem funding sees reduced drop of 334 mln in July

    EconomyMacroeconomy

    Following a sharp drop by 13.88 billion euros in the preceding two months, Greek banks’ Eurosystem funding eased by just 334 million in July, according to the Bank of Greece's (BoG) monthly financial statement. The outstanding amount landed at 44.62 billion euros at the end of July, from 44.95

    13%

  2. Greek deposits inch up in July, reaching 163.22 bln

    EconomyMacroeconomy

    Greek private sector deposits increased by 0.1 percent month on month (MoM) in July, the fifth successive monthly rise, with balances reaching 163.22 billion euros, according to the Bank of Greece (BoG). Monthly net flow turned marginally negative with outflows of 12 million euros in July from

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  3. Strong tourism season confirmed by Q2 accommodation turnover
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    . Bank of Greece (BoG) data on the 6-month travel receipts showed a rise of 13.4 percent to 3.94

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  4. Greek banks' Eurosystem funding declines by another 53 mln in August

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding slipped by just 53 million euros in August - the slowest pace in 2014, according to the Bank of Greece's (BoG) monthly financial statement. The outstanding amount eased to 44.57 billion euros in August from 44.62 billion in July and is the lowest reading since

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  5. Greek deposits up 0.6 pct to 164.23 bln in August, which sees year's highest inflows

    EconomyMacroeconomy

    Greek private sector deposits rose 0.6 percent month on month (MoM) for the sixth straight month in August, with balances reaching 164.23 billion euros, according to the Bank of Greece (BoG). The year on year (YoY) growth rate accelerated for the second successive month to 1.2 percent in August

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  6. Greek time deposit rates fall further in August

    EconomyMacroeconomy

    The interest rate on households’ new time deposits dropped by a further 15 basis points (bps) to 2.13 percent in August, according to the Bank of Greece (BoG). The year to date decline, which occurred over the last five months, reached 68 bps. In the 8-month period, the rates of the 3-month

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  7. Greek banks see Eurosystem funding drop to lowest level since 2009 in September

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding dropped by another 2 billion euros in September, reaching 42.57 billion according to the Bank of Greece's (BoG) monthly financial statement. The September figure is the lowest reading since November 2009. Since May, when the Emergency Liquidity Assistance (ELA

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  8. Newsletter 1 31/10/2014

    Newsletters

    respectively. In an interview with Kathimerini daily, the BoG governor Yannis Stournaras

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  9. Greek credit contracts by another 3.5 pct in Sept as balances ease to 212 bln

    EconomyMacroeconomy

    The rate of Greek credit contraction remained at 3.5 percent in September, unchanged from the previous month, according to the Bank of Greece (BoG). Balances eased 0.35 percent month on month (MoM) to 212.78 billion euros. Monthly net deductions remained above the 400-million-euro mark

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  10. Greek deposits increase for seventh straight month, reaching 164 bln

    EconomyMacroeconomy

    Greek private sector deposits increased for the seventh successive month by 0.3 percent month on month (MoM) in September, with balances reaching 164.75 billion euros, according to the Bank of Greece (BoG). The year on year (YoY) growth rate accelerated for the third straight month to 2.1 percent

    13%