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Travel receipts drop at an accelerating pace of 10.4 pct in May despite growth in arrivals
EconomyMacroeconomyGreece's travel receipts headed south for the second straight month dropping at an accelerating pace of 10.4 percent in May from 7 percent in April, Greece (BoG) figures showed on Friday. The absolute figure landed at 1.1 billion in May, while the corresponding payments fell by 5.5 percent to 179.6
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Deposit inflows of 1.07 bln in June, highest in first half of 2016
EconomyMacroeconomyGreek private sector deposit flow remained positive for the second straight month with inflows of 1.07 billion euros in June from 183 million in May, Bank of Greece (BoG) figures showed on Wednesday. As a result, the deposit balance rose to 122.74 billion in June, its highest reading in the course
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Primary cash surplus to July falls to 2.4 bln, including arrears repayment of 1.1 bln
EconomyMacroeconomyGreece’s central government primary cash surplus fell by 607 million euros to 2.38 billion in the 7-month period of 2016 from 2.99 billion in the corresponding period last year, Bank of Greece (BoG) figures showed on Thursday. It is worth noting though that this year’s figure includes repayment
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Deposit flow turns negative, outflows of 153 mln in July
EconomyMacroeconomyDeposit outflows of 153 million were recorded in the Greek banking market after inflows of 1.07 billion in the previous month, Bank of Greece (BoG) figures displayed on Friday. Although slightly negative, the July figure indicates the highest outflows since February leading the deposit balance
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Newsletter 87 - 09/09/2016
of Greece (BoG) said on Thursday that the ECB has lowered the emergency liquidity assistance (ELA) ceiling
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Turnover in tourism sector edges down 1.1 pct in Q2
EconomyMacroeconomyindex rose by 8.6 percent in Q2. According to the latest Bank of Greece (BoG) figures for the first half
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Travel receipts fall 3.5 pct in July, dragging balance down 5.9 pct
EconomyMacroeconomyGreece's travel receipts dropped for the fourth successive month in July, albeit at a slower pace of 3.5 percent, after a decrease by 5.4 percent in June, Bank of Greece (BoG) figures displayed on Wednesday. In absolute terms, travel receipts stood at 2.85 billion euros in July, while
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Primary cash surplus to Aug narrows to 2.4 bln, including arrears repayment of 1.6 bln
EconomyMacroeconomyGreece’s central government primary cash surplus dropped by 660 million euros to 2.41 billion in the 8-month period of 2016 from 3.07 billion a year ago, Bank of Greece (BoG) figures displayed on Friday. It is worth noting though that this year’s figure includes arrears repayment of 1.57 billion
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Deposits grow by 1.3 bln in August, highest inflow in 2016
EconomyMacroeconomyDeposit flow in the Greek market turned positive with inflows of 1.33 billion in August from outflows of 153 million in July, Bank of Greece (BoG) figures showed on Tuesday. The headline figure indicates the highest positive flow in the course of this year. As a result, deposit balance edged up
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Broadly stable rate in time deposits, corporate loan rates fall in Aug
EconomyMacroeconomyGreek households’ new time deposit rate edged up by 1 basis point (bp) to 0.87 percent in August from 0.86 percent in the previous two months, Bank of Greece (BoG) data displayed on Tuesday. The latest headline figure is the highest reading since April. It has been hovering between 0.85 and 0.88
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