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EconomyMacroeconomy
Current account deficit narrows further in May, down by over 3 bln in first five months Greece’s current deficit narrowed to 1.65 billion euros in May, from 1.78 billion euros in April, Bank of Greece (BoG) data showed on Friday.
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EconomyMacroeconomy
BoG sees 2.3 pct growth this year, urges reforms to restore per capita GDP to pre-crisis levels The Bank of Greece published its latest monetary policy report, which re-affirms the growth outlook for this year, the challenges that lie ahead for the new Greek government as well as an array of policy recommendations.
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EconomyMacroeconomy
Credit growth slows to 3.1 pct in May, as flow to corporations contracts The pace of credit movement in the Greek private sector continued to slow in May, rising by 3.1 percent year-on-year (YoY), from 3.9 percent in April, Bank of Greece (BoG) figures released on Wednesday showed.
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EconomyMacroeconomy
Deposits rise by 794 mln in May, balance at 186.42 bln The net private sector deposit movement in the Greek banking system was positive by 794 million euros in May, after a small drop of 15 million euros in April, based on the latest Bank of Greece (BoG) figures released on Wednesday.
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EconomyMacroeconomy
Travel balance up 16 pct YoY in Apr, at 1.49 bln in first four months Greece’s travel balance recorded a surplus of 498.2 million euros in April, from 100.2 million euros in March, according to Bank of Greece (BoG) data released on Wednesday.
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EconomyMacroeconomy
Current account deficit narrows to 5.63 bln up to April, down 3 bln YoY Greece’s current deficit in April narrowed to 1.78 billion euros, from 2.4 billion euros in March, Bank of Greece (BoG) data showed on Tuesday.
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EconomyMacroeconomy
Growth of property prices picks up pace in Q1 with 14.5 pct The growth in the nominal value of apartments in Greece remained on a strong trajectory in Q1 2023, increasing by 14.5 percent year-on-year (YoY) from an upwards revised 13.5 percent in Q4 2022, Bank of Greece (BoG) data released on Monday showed.
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EconomyMacroeconomy
Credit growth slows to 3.9 pct in Apr, flow negative at 789 mln The pace of credit movement in the Greek private sector slowed in April, moving up by 3.9 percent year-on-year (YoY), after a rise of 5.2 percent in March, Bank of Greece (BoG) figures released on Tuesday showed.
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EconomyMacroeconomy
Private sector deposits almost unchanged in Apr, household savings up by 1.13 bln The net private sector deposit movement in the Greek banking system was essentially unchanged in April, falling by just 15 million euros, after a rise of 2.32 billion euros in March, based on the latest Bank of Greece (BoG) figures released on Tuesday.
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EconomyMacroeconomy
Travel surplus continues to grow in March, up 55 pct YoY in Q1 Greece’s travel balance recorded a surplus of 100.2 million euros in March, from 106.8 million euros in February, according to Bank of Greece (BoG) data released on Tuesday.