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Accommodation and food services turnover jumps 22.2 pct in Q4 2014
EconomyMacroeconomythat prevailed in Greek tourism in 2014 were also affirmed by the Bank of Greece (BoG) latest data, which
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Greek CPI drops at slower rate of 2.2 pct in Feb for 24th straight month of deflation
EconomyMacroeconomyto BoG, the price drop in 2014 stemmed from weak demand coupled with the negative impact from
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Newsletter 19 - 13/03/2015
, the monthly financial statement issued by the Bank of Greece (BoG) on Thursday disclosed. More
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Greek travel receipts rise 9.1 pct in January as surplus doubles
EconomyMacroeconomyGreece's travel receipts rose by 9.1 percent in January, after a modest increase of 1 percent in December, according to the Bank of Greece (BoG). The absolute figures showed travel receipts stood at 169.7 million euros in January 2015 from 155.5 million last year. Travel payments displayed a slower
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Greek deposits fell by 7.7 bln in Feb and total of 24.6 bln since Dec
EconomyMacroeconomyGreek private sector deposit outflows slowed to 7.63 billion in February from a record high of 12.79 billion in January, according to the Bank of Greece (BoG). The outstanding balance fell to 140.47 billion, which is the lowest reading since April 2005. The negative flow in February mainly reflects
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Monthly credit flow turns positive in Feb for first time since June 2012
EconomyMacroeconomyGreek bank credit contraction slowed to 2.5 percent in February from 2.9 percent in January, according to the Bank of Greece (BoG). The February rate is the lowest negative reading since November 2011. Monthly flow turned slightly positive for the first time since June 2012 recording net additions
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Deposit rates stable, avg loan rate below 5 pct for first time since 2002
EconomyMacroeconomyThe interest rate on households’ new time deposits marginally increased by 1 basis point (bp) to 1.81 percent in February from 1.8 percent in January, according to the Bank of Greece (BoG). The February rate is the second lowest reading during euro membership, while the marginal rise put an end
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Drop in Greek CPI decelerates again to 2.1 pct in March
EconomyMacroeconomyconsecutive year by 1.3 percent after easing by 0.9 percent in 2013. According to BoG, the price drop
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Travel receipts increase 16.2 pct in Feb as arrivals shoot up by 56.2 pct
EconomyMacroeconomyThe growth rate of Greece's travel receipts accelerated to 16.2 percent in February from 9.1 percent in January, according to the Bank of Greece (BoG). In absolute terms, travel receipts totalled 156.8 million in February from 134.9 million last year. Travel payments rose by 14.2 percent to 147.7
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Deposit outflow slows to 2.19 bln in Mar as balances slip to lowest in 10 yrs
EconomyMacroeconomyGreek private sector deposit outflows slowed to 2.19 billion in March from 7.63 billion in February, according to the Bank of Greece (BoG). Deposit balances slipped to 138.56 billion, which is the lowest reading since March 2005. The negative flow in February primarily reflects time outflows of 2.1
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