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Current account balance shows surplus of 300.6 mln in May
EconomyMacroeconomypayments rose by 25.5 percent to 1.16 billion. Financial account Residents’ net external... showed a net decrease in residents’ external assets which was driven by a fall of 606 million... was noted in residents’ external liabilities. In the first five months of the year, a net decrease
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Current account balance surplus of 874.4 mln in June shows significant yoy improvement
EconomyMacroeconomy’ net external liabilities showed an increase of 196 million in June with no notable transactions recorded for the month. Portfolio investment showed a net increase in residents' external assets due... of the year, a net decrease in residents' external assets was attributable to a rise of 3.8 billion
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Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures
EconomyMacroeconomyby 2.29 billion euros. Primary expenditure came to 13.81 billion euros. Net revenues came to 14.10.... Revenues On a monthly basis, net revenues came to 3.01 billion euros, 1.18 billion euros lower than... that net revenues in April underperformed against the target by 399 million. This is due to the adoption
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April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct
EconomyMacroeconomybillion euros. Primary expenditure came to 13.81 billion euros. Net revenues came to 14.10 billion... On a monthly basis, net revenues came to 3 billion euros, 1.19 billion euros lower than the monthly... for the coronavirus. Taking these factors into account, the MoF noted that net revenues in April
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H1 results for Greek corporates show signs of pandemic biting
EconomyCorporatesby the provision for personnel's severance payment of 16.3 million. Net results showed profits of 29.3... EBITDA of 291.8 million a year ago. Net results showed a loss of 150.6 million euros compared... to a profit of 5.7 million in H1 2019. Fourlis Group has reported that their net results for the first
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Newsletter 279 -13/11/2020
balance decreased slightly to 147.25 billion euros. The net lending flow was positive by 230 million compared to outflows of 247 million euros in October. The corporate lending balance's net monthly flow...), rose by 2.72 billion in November. Net deposit movements in the Greek banking system were positive
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Credit growth in January rises to 3.7 pct even as flow turns negative
EconomyMacroeconomy, the net lending flow turned negative in the month, with a 557 million-euro net decrease in lending... from 141.8 billion euros in December. The corporate lending balance's net monthly flow was negative.... Credit to insurance corporations showed a net monthly outflow of 293 million euros against smaller
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Piraeus announces Q1 loss of 407 mln as provisions mount
EconomyBankingderived from trading gains. Net interest income (NII) came to 366 million euros versus 360 million euros in Q1 2020. Net fee and commission income in Q1 increased by 7 percent year-on-year (YoY... percent QoQ. The liquidity coverage ratio stood at 185 percent in Q1 and the net loans to deposits
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Led by corporate lending, credit continues to grow with 2.3 pct rise in June
EconomyMacroeconomypercent rise in May, Bank of Greece (BoG) figures showed on Tuesday. The net lending flow was positive by 493 million, from a 17-million-euro net decrease seen in May. The outstanding balance... lending balance's net monthly flow was positive by 399 million euros, up from 68-million-euro increase
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Credit growth slows to 0.8 pct in Aug, lowest for 2021
EconomyMacroeconomygrowth since last summer. The net lending flow was negative by 337 million, from a negative flow..., from 122.49 billion euros in the previous month. The corporate lending balance's net monthly flow was negative by 190 million in August, from a net decrease of 313 million in July, taking the balance
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