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Accommodation and food services index up 7.6 pct in Q3
EconomyMacroeconomyin the broader tourism sector evident in the previous relevant releases. Indeed, Bank of Greece (BoG
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Greek banks' Eurosystem funding rises again in November, up by 1 bln
EconomyMacroeconomyGreek banks’ Eurosystem funding increased for the second straight month in November, when it rose by 1 billion euros, according to the Bank of Greece's (BoG) monthly financial statement on Wednesday. The monthly movement fully reflects a similar change in European Central Banks funding
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Building activity down again in September but at slower rate of -11.2 pct
EconomyMacroeconomythe Bank of Greece (BoG) in November showed that apartment prices, which are indirectly related
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Talk of negative impact from political risk sees tightening of Greek polls
PoliticsGreek Politicsto Stournaras being appointed BoG governor earlier this year, even taking its complaint to the European
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Greek travel receipts continued upward course in October, rising by 4.6 pct
EconomyMacroeconomyGreece's travel receipts advanced for the fifth straight month, albeit at a much slower growth rate, by 4.6 percent to 993 million euros in October, according to the Bank of Greece (BoG). At the same time, travel payments rose by 30.9 percent to 169 million euros. As a result, the travel surplus
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Contraction in Greek credit eases slightly to 3 percent in November
EconomyMacroeconomyThe rate of drop in Greek bank credit decelerated for the second straight month in November, falling to 3 percent from 3.2 percent in October, according to the Bank of Greece (BoG). Last month’s figures were the lowest negative reading since November 2011. Balances eased for the fifth consecutive
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Greek deposits almost unchanged at 164.3 bln in November
EconomyMacroeconomyGreek private sector deposits dropped for the second successive month in November, edging down by by 0.1 percent month on month (MoM) with their balances landing at 164.3 billion euros, according to the Bank of Greece (BoG). The year on year (YoY) growth rate decelerated to 2 percent in October
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Greek time deposit rate down to 1.88 pct in November, lowest since euro entry
EconomyMacroeconomyThe 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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Fall in Greek building activity accelerates to 19 pct in October
EconomyMacroeconomyto suffer. Bank of Greece (BoG) figures on apartment prices, which are indirectly related to building
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Travel surplus soars 57.2 pct in November on surging tourist arrivals
EconomyGreece'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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