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Primary cash surplus improves to 2.93 bln at end of April
EconomyMacroeconomyGreece’s central government primary cash balance significantly widened to 2.93 billion eurso in the 4-month period of 2016, from 1.05 billion in the corresponding period last year, according to Bank of Greece (BoG) figures. The monthly figure also improved, with the primary cash balance showing
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Travel receipts rebound 8.2 pct in March, but surplus drops 3.6 pct
EconomyMacroeconomyGreece's travel receipts rebounded 8.2 percent to 220.6 million euros in March after dropping in the preceding two months, Bank of Greece (BoG) figures showed on Monday. Meanwhile, the corresponding payments rose at a higher pace of 13.7 percent to 158.5 million, resulting in a drop of the March
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Marginal deposit flow in April for second straight month
EconomyMacroeconomyGreek private sector deposit flow remained minimal for the second straight month with the system recording outflows of just 40 million in April from inflows of 55 million in March, Bank of Greece (BoG) data showed on Tuesday. The outstanding deposit balance slipped for the fourth successive month
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Newsletter 76 - 03/06/2016
on private sector deposits disclosed by the Bank of Greece (BoG) on Tuesday showed the deposit flow
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Corporate lending rates resume upward trend in April, time deposit rate stable
EconomyMacroeconomyGreek households’ new time deposit rate slipped by 1 basis point (bp) to 0.87 percent in April from 0.88 percent in March, Bank of Greece (BoG) data showed on Friday. The headline figure indicates the lowest reading since 2002 and remains 27 bps above the euro area average of 0.60 percent. The new
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Greek banks on cusp of improved liquidity conditions
AgoraGreece Industries (SBEE) on May 13, the Bank of Greece (BoG) governor Yannis Stournaras said
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Turnover in tourism sector drops at an accelerating pace of 11.7 pct in Q1
EconomyMacroeconomypreviously disclosed. Travel figures for Q1 released on May 23 by the Bank of Greece (BoG) showed
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Building activity falls by 11.5 pct in March for third straight decline
EconomyMacroeconomybillion euros over this period. The BoG’s latest figures indicate that almost 40 percent of outstanding
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Primary cash surplus widens to 2.66 bln in first five months of 2016
EconomyMacroeconomyGreece’s central government primary cash balance climbed to 2.66 billion euros in the first five months of 2016 from 1.07 billion euros last year, Bank of Greece (BoG) figures showed on Friday. However, the monthly data points to a primary cash deficit of 277 million euros in May from a small
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Lower foreign arrivals lead to 7 pct drop in April travel receipts
EconomyMacroeconomyGreece's travel receipts fell by 7 percent in April after a short-lived rise by 8.2 percent in March, Bank of Greece (BoG) figures displayed on Wednesday. In absolute terms, travel receipts stood at 443.3 million in April, while the corresponding payments eased 1.4 percent to 163.7 million
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