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EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
Economydebt redemptions of 2.1 billion to the IMF and the Bank of Greece (BoG) due on June 30. The breakdown
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ECB increases ELA limit for Greek banks in first positive signal since referendum
EconomyDuring a regular press conference on Thursday, European Central Bank President Mario Draghi announced the lender's governing council decided to approve a Bank of Greece (BoG) request to increase the Emergency Liquidity Assistance (ELA) limit for Greek banks by 900 million euro for one week
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What the latest set of prior actions mean for home foreclosures
Economyof Greece (BoG), the Hellenic Financial Stability Fund (HFSF) and the supervisory role of the MoF. The ECB
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Travel receipts up 17 pct in May as average expenditure per trip rebounds
EconomyMacroeconomyGreece's travel receipts continued heading north at a double-digit rate in May, when they rose by 17 percent in May from 16.3 percent in April, according to the Bank of Greece (BoG). The absolute figures showed travel receipts stood at 1.22 billion euros this May from 1.04 billion last year, while
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Newsletter 36 - 24/07/2015
be the first assessment conducted solely by the SSM and not by the Bank of Greece (BoG). Local media
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June deposit outflow rises to 7.58 bln as total balance drops to lowest in 12 years
EconomyMacroeconomyGreek private sector deposit outflows accelerated to 7.58 billion euros in June from 3.86 billion in May, according to the Bank of Greece (BoG). The outstanding balance fell further to 122.23 billion, which is the lowest reading in more than 12 years, since November 2003. In addition, June outflows
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Drop in corporate loan rates led the average loan rate at a new historic low
EconomyMacroeconomyGreek households’ new time deposit rate remained at 1.81 percent in June unchanged from the previous month, according to the Bank of Greece (BoG). This means that despite the extended deposit outflows of around 43 billion since December, the rate on new time deposits was kept stable over
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Rate of drop in apartment prices picks up again in Q2
EconomyMacroeconomyAfter decelerating in the preceding seven quarters, the drop in Greek apartment prices accelerated to 5.6 percent in the second quarter (Q2) of 2015 from a revised 4.1 percent in Q1, according to the Bank of Greece (BoG). The Q2 headline figure is the 25th straight negative reading since Q1 2009
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Accommodation and food services index rises by 13.4 pct in Q2
EconomyMacroeconomyat a mere 1.2 percent. The first-half figures published by the Bank of Greece (BoG) last month
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Piraeus Q3 trading update shows significant acceleration in NPL formation
EconomyBankingbasis points (bps) to 110 bps in September from 174 bps in June. This is in line in Bank of Greece (BoG
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