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EconomyBanking
Amid market turbulence, Greece searches for scheme to help banks reduce bad loans Following weeks of uncertainty and pressure on the banking sector, which climaxed in a big drop in bank share prices on Wednesday, there have been reports of efforts to provide the Greek lenders with assistance.
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EconomyMacroeconomy
Deposit inflows reach 1.30 bln in August on increased sight deposits Net deposit movement in the Greek banking system strengthened in August with inflows of 1.30 billion from 840.6 million in July, Bank of Greece (BoG) figures revealed on Thursday.
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EconomyMacroeconomy
Credit contraction stays at 1.5 pct in August, balance reaches 177.44 bln Credit contraction in the Greek market came to 1.5 percent in August, unchanged from July, Bank of Greece (BoG) figures showed on Thursday.
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EconomyMacroeconomy
Strong receipts push travel balance up by 15.9 pct in July Greece’s travel balance rose by 15.9 percent in July, almost unchanged from the increase of 16 percent in June, Bank of Greece (BoG) data revealed on Friday.
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EconomyMacroeconomy
July current account shows surplus of 1.58 bln as tourism drives services surplus Greece’s current account (C/A) balance recorded a surplus of 1.58 billion euros in July, showing a negligible increase from the surplus of 1.55 billion euros in June, Bank of Greece (BoG) figures showed on Thursday.
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EconomyMacroeconomy
Primary cash surplus up to 16.76 bln in Aug on improved revenues and cash buffer disbursement Greece’s central government primary cash balance recorded a surplus of 16.76 billion euros in the first eight months of the year, Bank of Greece (BoG) figures have shown.
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EconomyMacroeconomy
Eurosystem funding down to 12.63 bln in August, banknotes in circulation rise slightly Greek banks’ Eurosystem funding declined by 382.1 million euros month-on-month (MoM) in August, the Bank of Greece's (BoG) monthly financial statement has revealed.
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EconomyMacroeconomy
Banks on track with NPE targets in Q2 as sales play bigger role Greek banks succeeded in meeting their non-performing exposure (NPE) reduction target in the second quarter (Q2) of 2018 according to the eighth quarterly report on operational targets for NPEs published by the Bank of Greece (BoG).
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EconomyMacroeconomy Deposits inflows reach 840.6 mln in July driven by time deposits Net deposit movement in the Greek banking system continued to stay on positive ground with inflows of 840.6 million in July, albeit falling from inflows of 1.36 billion in June, Bank of Greece (BoG) figures revealed on Tuesday.
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EconomyMacroeconomy
Credit contraction at 1.5 pct in July, balance at 177.56 bln Credit contraction in the Greek market deepened to 1.5 percent in July from 1.2 percent in June, Bank of Greece (BoG) figures released on Tuesday showed.