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EconomyMacroeconomy
Led by corporate lending, credit continues to grow with 2.3 pct rise in June Credit movement in the Greek private sector increased by an annual 2.3 percent in June, from a 2.2 percent rise in May, Bank of Greece (BoG) figures showed on Tuesday.
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EconomyMacroeconomy
Deposits jump by 1.62 bln in June, led by savings The private sector’s net deposit movement in Greece’s banks accelerated in June, increasing by 1.62 billion euros, from 359 million euros in May, Bank of Greece (BoG) figures released on Tuesday showed.
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EconomyMacroeconomy
Travel balance increases more than eightfold in May from last year’s lockdown Greece’s travel balance came to a surplus of 112.1 million euros in May from 12 million a year ago, when Greece was in its first lockdown, Bank of Greece (BoG) data has shown. This is equal to an increase of 836.3 percent year-on-year (YoY).
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EconomyMacroeconomy
Current account shows deficit of 1.4 bln in May as imports rise Greece posted a current account (C/A) deficit of 1.4 billion euros in May compared to 2.08 billion euros in April, Bank of Greece (BoG) data showed on Wednesday.
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EconomyMacroeconomy
Primary cash balance deficit at 9.27 bln in June Greece’s central government recorded a primary cash balance deficit of 9,27 billion euros in the first half of the year, according to figures released by the Bank of Greece.
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Economy BoG sees growth of 4.2 pct this year but warns of multiple challenges ahead The Bank of Greece issued on Monday the Monetary Policy Report for 2020-2021, which was submitted to the Parliamentary Speaker and the Cabinet.
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EconomyMacroeconomy
Credit growth in May slows to 2.2 pct; monthly flow -17 mln Credit movement in the Greek private sector rose an annual 2.2 percent in May, compared with 2.4 percent in April, Bank of Greece (BoG) figures showed on Friday.
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EconomyMacroeconomy
Deposits edged up further as they rose by 359 mln in May Net deposit movements in the Greek banking system continued to grind higher, increasing by 359 million euros in May, compared with inflows of 3.13 billion euros in April, Bank of Greece (BoG) figures revealed.
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EconomyMacroeconomy
Travel balance almost doubles in April from last year's lockdown Greece’s travel balance came to a surplus of 9.6 million euros in April from 4.9 million a year ago, when Greece was in its first lockdown, Bank of Greece (BoG) data has shown. This is equal to an increase of 97.5 percent year-on-year (YoY).
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EconomyMacroeconomy
Current account shows deficit of 2.08 bln in April as trade continues overall rebound Greece posted a current account (C/A) deficit of 2.08 billion euros in April compared to 1.46 billion euros in March, Bank of Greece (BoG) data showed on Friday.