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Deposits grow by 1.35 bln in April, reversing Q1 trend
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in April turned positive to 1.35 billion euros, from a negative flow of 989 million euros in March, and negative movement of 258 million seen in February, based on Bank of Greece (BoG) figures released on Friday.
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Removal of restrictions boosts travel receipts in Mar
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 77 million euros in March, from 63 million euros in February, according to Bank of Greece (BoG) data released on Monday.
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Central govt cash balance records surplus of 714 mln in April, improves by 5 bln YoY in first four months
EconomyMacroeconomyGreece’s central government recorded a primary cash surplus of 714 million euros in April, from a deficit of 2.23 billion euros in the same month of 2021, according to figures released by the Bank of Greece on Wednesday.
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Credit growth edges up to 1.6 pct in Mar, led by rise in business loans
EconomyMacroeconomyCredit movement in the Greek private sector accelerated slightly to 1.6 percent year-on-year (YoY) in March, from 1.4 per percent in February, 0.9 percent in January, Bank of Greece (BoG) figures released on Friday showed.
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Deposits drop for third straight month as corporates lead fall of 988 mln
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in March stayed negative, falling by a further 988 million euros, from 260 million in February, and 2.23 billion seen in January, based on Bank of Greece (BoG) figures released on Friday.
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Travel balance improves significantly in first two months of 2022
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 63 million euros in February, from 60.8 million euros in January 2022, according to Bank of Greece (BoG) data released on Thursday.
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Current account deficit for Jan-Feb at 4.12 bln, significantly higher than 2021
EconomyMacroeconomyGreece posted a current account (C/A) deficit of 2.12 billion euros in February, from 1.99 billion euros in January, Bank of Greece (BoG) data showed on Wednesday.
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BoG: Growth could be 2 pts lower than expected, inflation may reach 7 pct
EconomyIn the governor’s annual report released on Thursday, the Bank of Greece (BoG) assesses the impact of the Ukraine conflict on Greek macro data, with the baseline scenario of growth now lower by one percentage point and inflation notably higher.
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Net credit flow turns positive in Feb: 1.4 pct rise led by loans to corporations
EconomyMacroeconomyCredit movement in the Greek private sector accelerated to 1.4 per percent year-on-year (YoY) in February, from 0.9 in January and 1.4 percent also seen in December, Bank of Greece (BoG) figures released on Monday showed.
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Start of 2022 sees back-to-back negative deposit flows for first time in three years
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in February remained negative, though much contained at 260 million euros, from negative flow of 2.23 billion seen in January, based on Bank of Greece (BoG) figures released on Monday.