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  1. Greek bank credit contracts by 2.5 pct in March

    EconomyMacroeconomy

    Greek bank credit contracted by 2.5 percent in March - similar to the reduction in February - according to the Bank of Greece (BoG). This means that the current rate remains the lowest negative reading since November 2011. However, the monthly flow turned negative with extended net deductions

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  2. Uptick in time deposit rates, mixed trends in corporate loans

    EconomyMacroeconomy

    The interest rate on households’ new time deposits edged up by 2 basis points (bps) to 1.83 percent in March from 1.81 percent in February, according to the Bank of Greece (BoG). Despite the marginal increase over the last two months, the time deposit rate remains at the low end in the post-euro

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  3. Travel receipts up 13.3 pct in March as tourist arrivals increase by 34.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel receipts rose at a slower rate of 13.3 percent in March from 16.2 percent in February, according to the Bank of Greece (BoG). The absolute figures showed travel receipts stood at 205.1 million euros in March from 181.1 million last year. Travel payments increased at a higher pace

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  4. Greek credit contracts by 2.4 pct in April for slowest drop since 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's credit contraction marginally decelerated to 2.4 percent in April from 2.5 percent in March, according to the Bank of Greece (BoG). The April headline figure is the slowest drop since October 2011. The monthly flow remained negative for the second straight month with net deductions easing

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  5. Minor movements in Greek deposit and loan rates in April

    EconomyMacroeconomy

    The interest rate on Greek households’ new time deposits eased by 1 basis point (bp) to 1.82 percent in April from 1.83 percent in March, according to the Bank of Greece (BoG). Since January, and despite the extended outflows of 31.5 billion euros, the time deposit rate has remained at its lowest

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  6. Newsletter 30 - 12/06/2015

    Newsletters

    to a cash management account at the Bank of Greece (BoG). The government ordered this move to cover

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  7. Travel receipts rise by 16.3 pct in April on jump in arrivals

    EconomyMacroeconomy

    The growth rate of Greece's travel receipts accelerated to 16.3 percent in April from 13.3 percent in March, according to the Bank of Greece (BoG). In absolute numbers, travel receipts reached 476.6 million in April 2015 from 410 million in the corresponding period last year. At the same time

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  8. What capital controls will mean for Greek banks, customers and the economy
    Photo by MacroPolis

    Economy

    not apply to transactions with the Bank of Greece (BoG), cross-border payment orders concerning credit

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  9. Greek deposit rate almost stable, loan rate slightly up in May

    EconomyMacroeconomy

    The interest rate on Greek households’ new time deposits marginally slipped for the second straight month by 1 basis point (bp) to 1.81 percent in May from 1.82 percent in April, according to the Bank of Greece (BoG). In spite of the significant deposit outflows of 35.3 billion since last December

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  10. Greek banks' liquidity position at the centre of attention
    Photo by MacroPolis

    Economy

    Dimitris Mardas also participated along with top Bank of Greece (BoG) officials and the Chairmen

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