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EconomyMacroeconomy
Deposits fall marginally in April as rise for households offsets business drop Private sector deposits dropped marginally in April, with a net outflow of 66 million euros, after a rise of 2.08 billion euros in March, according to the latest Bank of Greece (BoG) figures released on Tuesday.
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EconomyMacroeconomy
Lending to corporates drives credit drop of 6.8 pct YoY in Apr Credit expansion in the Greek private sector remained strong in April, rising by 6.8 percent year-on-year (YoY), from 7.7 percent the previous month, Bank of Greece (BoG) figures released on Tuesday showed.
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PoliticsGreek Politics
PM tries to wrestle back initiative as new parties reshape political landscape Just hours before Alexis Tsipras unveils his new political vehicle in Athens, Prime Minister Kyriakos Mitsotakis is due to convene his cabinet with the aim of projecting stability, accelerating reforms and defending his government from pressures emerging simultaneously from the right and the centre‑left.
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EconomyMacroeconomy
Strong Q1 for tourism as receipts rise by 64 pct YoY Greece's travel balance recorded a surplus of 409.6 million euros in March, compared to 284.8 million euros in February, according to data released by the Bank of Greece (BoG) on Monday.
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EconomyMacroeconomy
Current account deficit at 2.34 bln in Mar, up to 6.96 bln in Q1 Greece’s current account recorded a deficit of 2.34 billion euros in March, Bank of Greece (BoG) data released on Friday showed.
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EconomyMacroeconomy
BoG outlines factors hampering affordability in Greek housing market The Bank of Greece, in its latest financial stability report, examines the housing market and the factors shaping trends in recent years.
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EconomyMacroeconomy
BoG sees Greek growth resilience, highlights global risks The Bank of Greece published on Tuesday its latest financial stability report, noting continued signs of resilience in the Greek economy, although the outlook is affected by heightened geopolitical risks.
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EconomyMacroeconomy
Credit growth stable at 7.4 pct YoY in March, led by business loans Credit expansion in the Greek private sector remained strong in February, rising by 7.4 percent year-on-year (YoY), from 7.6 percent the previous month, Bank of Greece (BoG) figures released on Wednesday showed.
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EconomyMacroeconomy
Deposits rise by 2.13 bln in March, up to 209.75 bln Private sector deposits rose in March, with a net inflow of 2.13 billion euros, after a drop of 440 million euros in February, according to the latest Bank of Greece (BoG) figures released on Wednesday.
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EconomyMacroeconomy
Tourism season starts strongly in Feb with receipts up 70.7 pct in first two months Greece's travel balance recorded a surplus of 284.8 million euros in February, compared to 234 million euros in January, according to data released by the Bank of Greece (BoG) on Tuesday.