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February deposit balance positive by 59 mln, reversing previous month's outflow
EconomyMacroeconomyNet deposit movement in the Greek banking system returned to positive territory in February with inflows of 59 million compared to outflows of 1.40 billion euros in January, Bank of Greece (BoG) figures revealed on Tuesday.
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Eurosystem funding drops by 2.80 bln in February, led by ELA reduction
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by around 2.80 billion euros in February, Bank of Greece's (BoG) monthly financial statement revealed on Tuesday.
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Travel balance rises by 3.4 pct in Jan as expenditure out of sync with arrivals growth
EconomyMacroeconomyGreece’s travel receipts rose by 3.4 percent year-on-year in January, reversing a fall of 76.3 percent in December, Bank of Greece (BoG) data revealed on Monday.
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January current account deficit at 585.8 mln as goods balance worsens
EconomyMacroeconomyGreece’s current account (C/A) balance recorded a deficit of 585.8 million in January, improving from December’s deficit of 1.24 billion, Bank of Greece (BoG) figures showed on Friday.
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Greek banks' NPL selloff gathers speed
EconomyBankingAmid the final stretch for Greece ahead of exiting its programme in August, there is one point of discussion that negotiations keep returning to, that of the bad loans plaguing the country’s banking system.
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Primary cash surplus at 6.34 bln in Feb as expenditure, interest payments fall
EconomyMacroeconomyGreece’s central government primary cash surplus recorded a surplus of 6.34 billion euros in February, Bank of Greece (BoG) figures showed on Monday.
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Eurosystem funding drops by 4.58 bln in January, banknotes in circulation fall
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by around 4.58 billion euros in January, Bank of Greece's (BoG) monthly financial statement revealed on Monday.
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New measures to ease capital controls, lift restrictions on opening bank accounts
EconomyMacroeconomyAdditional measures to ease the capital controls in place in Greece since 2015 were announced by the Ministry of Finance (MoF) on Wednesday.
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Deposits turn negative in Jan with outflows of 1.40 bln
EconomyMacroeconomyNet deposit movement in the Greek banking system turned negative in January with outflows of 1.40 billion euros compared to positive inflows of 2.54 billion euros in December, Bank of Greece (BoG) figures revealed on Tuesday.
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Credit contraction at 0.8 pct in January as household, corporate lending falls
EconomyMacroeconomyCredit contraction in the Greek market remained unchanged at 0.8 percent in January, staying static for a fourth month, Bank of Greece (BoG) figures showed on Tuesday.