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EconomyMacroeconomy
Falling property FDI raises questions about housing market after Golden Visa rush The latest data from the Bank of Greece (BoG) on non-residents investments in real estate underlined the effects that the Golden Visa scheme had on the Greek property market, largely contributing to the housing crisis which the government is now trying to tackle.
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EconomyMacroeconomy
Credit growth stable at 10.6 pct YoY in Aug The credit expansion in the Greek private sector remained strong in August, rising by 10.6 percent year-on-year (YoY), virtually unchanged from the previous month, Bank of Greece (BoG) figures released on Thursday showed.
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EconomyMacroeconomy
Deposits rise by 2 bln in Aug, reaching new recent high of 205.4 bln The Greek banking system’s private sector deposits rose in August, with a net increase of 2.05 billion euros, after a drop of 1.15 billion euros in July, according to the latest Bank of Greece (BoG) figures released on Thursday.
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EconomyMacroeconomy
Tourism on track for new record season as receipts rise by 12.5 pct up to July Greece's travel balance recorded a surplus of 4.18 billion euros in July, compared to 2.98 billion euros in June, according to data released by the Bank of Greece (BoG) on Monday.
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EconomyMacroeconomy
Current account in 938.4 mln surplus for July thanks to services Greece’s current account recorded a surplus of 938.4 million euros in July, from a surplus of 1.19 billion euros in June, Bank of Greece (BoG) data released on Friday showed.
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EconomyMacroeconomy
Credit to corporations contracts in July, bringing total loans down 1.27 bln MoM The credit expansion in the Greek private sector remained solid in July, rising by 10.5 percent year-on-year (YoY), unchanged from the previous month, Bank of Greece (BoG) figures released on Thursday showed.
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EconomyMacroeconomy
Despite small drop in July, deposits stay above 200 bln mark The Greek banking system’s private sector deposits dropped in July, with a net decrease of 1.15 billion euros, after a jump of 5.1 billion euros in June, according to the latest Bank of Greece (BoG) figures released on Thursday.
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EconomyMacroeconomy
Travel receipts rise by 8.8 pct YoY in June, arrivals drop marginally Greece's travel balance recorded a surplus of 2.98 billion euros in June, compared to 1.88 billion euros in May, according to data released by the Bank of Greece (BoG) on Thursday.
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EconomyMacroeconomy
Oil balance and drop in exports pushes current account to 1.19 bln deficit in June Greece’s current account recorded a deficit of 1.19 billion euros in June, from a surplus of 196.5 million euros in May, Bank of Greece (BoG) data released on Wednesday showed.
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EconomyMacroeconomy
Lending to corporations drives strong credit expansion of 10.2 pct YoY in Jun The credit expansion in the Greek private sector remained solid in June, rising by 10.2 percent year-on-year (YoY), from 11.3 percent in the previous month, Bank of Greece (BoG) figures released on Friday showed.