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  1. Turnover in tourism sector edges down 1.1 pct in Q2

    EconomyMacroeconomy

    index rose by 8.6 percent in Q2. According to the latest Bank of Greece (BoG) figures for the first half

    13%
  2. Travel receipts fall 3.5 pct in July, dragging balance down 5.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece'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

    13%
  3. Primary cash surplus to Aug narrows to 2.4 bln, including arrears repayment of 1.6 bln

    EconomyMacroeconomy

    Greece’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

    13%
  4. Deposits grow by 1.3 bln in August, highest inflow in 2016

    EconomyMacroeconomy

    Deposit 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

    13%
  5. Broadly stable rate in time deposits, corporate loan rates fall in Aug

    EconomyMacroeconomy

    Greek 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

    13%
  6. Greece gears up for second review, faces wide-ranging reform to-do list

    EconomyProgramme

    the companies’ viability. According to the latest Bank of Greece (BoG) review report of the Greek

    13%
  7. Primary cash surplus expands to 3.2 bln by September incorporating arrears repayment of 2 bln

    EconomyMacroeconomy

    Greece’s central government primary cash surplus increased by 540 million to 3.22 billion in the 9-month period of 2016 from 2.68 billion last year, Bank of Greece (BoG) figures showed on Wednesday. It is worth pointing out that this year’s figure incorporates arrears’ repayment of 2.03 billion

    13%
  8. Travel receipts drop 9.2 pct in Aug, dragging balance down 10.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel receipts fell for the fifth straight month in August, when they declined at an accelerating pace of 9.2 percent from a 3.5 percent fall in July, Bank of Greece (BoG) figures showed on Monday. Travel receipts landed at 3.16 billion euros in August, while the corresponding payments

    13%
  9. Average loan rate falls by 26 bps, time deposit rate down by 8 bps to new record low in September

    EconomyMacroeconomy

    Greek households’ new time deposit rate fell by 8 basis points (bps) to 0.79 percent in September, after remaining broadly flat in the previous three months, Bank of Greece (BoG) data showed on Thursday. The headline figure for September indicates a new record low since Greece’s euro accession

    13%
  10. Deadlock at NBG over chairman appointment
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    years of experience in the financial sector and has served as deputy governor of Bank of Greece (BoG

    13%