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EconomyMacroeconomy
Credit growth in January rises to 3.7 pct even as flow turns negative Credit movement in the Greek private sector rose an annual 3.7 percent in January after an increase of 3.5 percent in December, Bank of Greece (BoG) figures showed on Thursday.
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EconomyMacroeconomy
Deposits drop by EU1.21 bln in January, first decline in a year Net deposit movements in the Greek banking system were negative for the first time in a year, falling by 1.21 billion euros in January, compared with inflows of 4.65 billion euros in December, Bank of Greece (BoG) figures revealed on Thursday.
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EconomyMacroeconomy
Travel balance falls by 97.3 pct in December, 76.5 pct in 2020 Greece’s travel balance came to 0.8 million euros in December from 28.6 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 97.3 percent year-on-year (YoY).
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EconomyMacroeconomy
Current account deficit hits €11.2 bln in 2020 after tourism collapse Greece’s current account (C/A) balance deteriorated by 8.44 billion euros to a deficit of 11.17 billion euros, compared to a deficit of 2.73 billion euros in 2019, Bank of Greece (BoG) data showed.
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EconomyMacroeconomy
Primary cash deficit at €1.6 bln in January Greece’s central government recorded a primary cash balance deficit of 1.6 billion euros in January, according to figures released by the Bank of Greece.
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EconomyMacroeconomy
Credit growth in December rises to 3.4 pct, highest since March 2010 Credit movement in the Greek private sector rose by 3.4 percent in December after an increase of 2.6 percent in November, Bank of Greece (BoG) figures showed on Friday.
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EconomyMacroeconomy
Deposits rise by 4.45 bln in December, highest since 2012 Net deposit movements in the Greek banking system were positive by 4.45 billion in December, up from inflows of 3.16 billion euros in November, Bank of Greece (BoG) figures revealed on Friday.
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EconomyBanking
BoG warns pandemic will leave trail of bad loans, hastening need for new tools In its regular release cycle of the financial stability report on Thursday, Bank of Greece (BoG) stepped up its warnings regarding the pandemic’s impact on the Greek banking system.
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EconomyMacroeconomy
Travel balance falls by 62.9 pct in November Greece’s travel balance came to 40.4 million euros in November from 108.8 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 62.9 percent year-on-year (YoY).
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EconomyMacroeconomy
Primary cash balance deficit at 17.82 bln in 2020 Greece’s central government primary cash balance recorded a deficit of 17.82 billion euros in 2020 according to figures released by the Bank of Greece (BoG).