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EconomyMacroeconomy
July travel surplus of 2.14 bln affirms comeback for tourism sector Greece’s travel balance came to a surplus of 2.14 billion euros in July, from 610.2 million a year ago, when the tourism sector made the first tentative steps after the pandemic outbreak, according to Bank of Greece (BoG) data released on Tuesday.
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EconomyMacroeconomy
Current account turns surplus in July as travel steps up Greece posted a current account (C/A) surplus of 538.1 million euros in July, from a deficit of 1.34 billion euros in June, Bank of Greece (BoG) data showed on Monday.
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EconomyMacroeconomy
Rise of property prices continues with 4.6 pct increase in Q2 The rise in the nominal value of apartments in Greece accelerated to 4.6 percent year-on-year (YoY) in the second quarter (Q2), from an upwards revised 3.5 pct in the first quarter (Q1), according to Bank of Greece (BoG) data released on Thursday.
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EconomyBanking
Hercules APS delivers largest ever quarterly NPE reduction as ratio drops to 21.3 pct in Q2 The Bank of Greece has released the latest data on non-performing loans for the second quarter of the year. It shows the NPE ratio standing at 21.3 pct - a level not seen in several years.
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EconomyMacroeconomy Credit growth in July slows to 1.2 pct; monthly outflow of 532 mln Credit movement in the Greek private sector rose an annual 1.2 percent in July, compared with 2.3 percent in June, Bank of Greece (BoG) figures showed on Thursday.
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EconomyMacroeconomy
Deposits rose by 1.84 bln in July Net deposit movements in the Greek banking system continued to rise in July, increasing by 1.84 billion euros compared with inflows of 1.62 billion euros in June, Bank of Greece (BoG) figures revealed.
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EconomyMacroeconomy
Travel balance increases by wide margin in June from last year's tourism collapse Greece’s travel balance came to a surplus of 689.4 million euros in June from 38.5 million a year ago, when the pandemic caused a collapse in tourism, Bank of Greece (BoG) data has shown.
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EconomyMacroeconomy
Current account shows deficit of 1.34 bln in June as tourism begins to come back Greece posted a current account (C/A) deficit of 1.34 billion euros in June compared to 1.4 billion euros in May, Bank of Greece (BoG) data showed on Friday.
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EconomyMacroeconomy
Primary cash balance deficit at 8.67 bln in July Greece’s central government recorded a primary cash balance deficit of 8.67 billion euros in the first half of the year, according to figures released by the Bank of Greece.
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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.