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  1. Greek time deposit rate down to 1.88 pct in November, lowest since euro entry

    EconomyMacroeconomy

    The interest rate on households’ new time deposits dropped by another 6 basis points (bps) to 1.88 percent in November, according to the Bank of Greece (BoG). This is the lowest reading since Greece accessed the euro area in 2002. The year-to-date (YtD) drop in the time deposit rate reached 94 bps

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  2. Fall in Greek building activity accelerates to 19 pct in October

    EconomyMacroeconomy

    to suffer. Bank of Greece (BoG) figures on apartment prices, which are indirectly related to building

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  3. Travel surplus soars 57.2 pct in November on surging tourist arrivals
    Photo by MacroPolis

    Economy

    Greece's travel receipts grew for the sixth successive month by 30.7 percent year on year (YoY) in November at an accelerating pace compared to the 4.6 percent YoY recorded in October, according to the Bank of Greece (BoG). In absolute terms, travel receipts reached 267 million from 205 million

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  4. Greek credit contracts by 3.1 pct in December

    EconomyMacroeconomy

    The rate of contraction in Greek bank credit slightly accelerated to 3.1 percent in December from 3 percent in November, according to the Bank of Greece (BoG). However, this was the second lowest negative reading since November 2011. Lending balances continued heading south for the sixth

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  5. Greek time deposit rate falls to 1.82 pct in Dec, lowest during euro membership

    EconomyMacroeconomy

    The interest rate on households’ new time deposits continued heading south for the ninth straight month in December, when it fell by 6 basis points (bps) to 1.82 percent, according to the Bank of Greece (BoG). The December rate indicates a new historic low during Greece’s euro membership

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  6. Greek apartment prices down 5.8 pct in Q4 2014

    EconomyMacroeconomy

    The drop in apartment prices in Greece decelerated for the sixth successive quarter to 5.8 percent in Q4 2014 from 7 percent in Q3, according to the Bank of Greece (BoG). However, the Q4 rate indicates the twenty-third consecutive negative reading since Q1 2009. Apartment prices also fell by 1.5

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  7. Greece's extension proposals to the Eurogroup and what they mean
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    Liquidity Assistance (ELA) mechanism of the Bank of Greece (BoG) for funding. However

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  8. Greek credit falls by 2.9 pct in Jan as lending balances reach 214 bln

    EconomyMacroeconomy

    Greek bank credit contracted by 2.9 percent year on year (YoY) in January, which is slightly slower than the 3.1 percent recorded in December, according to the Bank of Greece (BoG). The January rate was the first time the contraction fell below the 3-percent mark since November 2011. Lending

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  9. Minor changes in Greek time deposit rates, higher movements in corporate loans

    EconomyMacroeconomy

    The interest rate on households’ new time deposits eased in January by just 2 basis points (bps), falling to 1.8 percent from 1.82 percent in December, according to the Bank of Greece (BoG). The January rate is a new historic low in the post-euro period, while also shows a drop for the tenth

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  10. Newsletter 18 - 06/03/2015

    Newsletters

    the accounts of general government entities at the Bank of Greece. at the Bank of Greece (BoG). However

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