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EconomyMacroeconomy
Deposit outflow at 550 mln in Oct, led by a decline in corporates The net private sector deposit movement in the Greek banking system in October turned negative with a drop of 550 million euros, after a rise of 2.26 billion euros in September, based on Bank of Greece (BoG) figures released on Monday.
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EconomyMacroeconomy
Travel balance of 14.13 bln to Sep beats 2019 record Greece’s travel balance recorded a surplus of 2.67 billion euros in September, from a 3.83-billion-euro surplus in August, according to Bank of Greece (BoG) data released on Tuesday.
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EconomyMacroeconomy
Travel receipts almost double, but current account deficit rises by 78 pct in 9M Greece posted a current account (C/A) deficit of 811.4 million euros in September, from a surplus of 449.1 million euros in August, Bank of Greece (BoG) data showed on Monday.
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EconomyMacroeconomy
Lending to corporations in Sep thrusts credit expansion to highest rise since 2009 Credit movement in the Greek private sector gathered more pace in September, rising by 6 percent year-on-year (YoY), from 5.8 percent in August, and 5.5 percent year-on-year in July, Bank of Greece (BoG) figures released on Wednesday showed.
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EconomyMacroeconomy
Deposits up to highest since 2011 after 2.27 bln rise in Sep The net private sector deposit movement in the Greek banking system in September accelerated to 2.27 billion euros, after it had slowed down to just 89 million euros in August, and 483 million euros in July, based on Bank of Greece (BoG) figures released on Wednesday.
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EconomyMacroeconomy
Travel surplus at 11.46 bln for 8M, beating 2019 record Greece’s travel balance recorded a surplus of 3.83 billion euros in August, from a 3.52-billion-euro surplus in July, according to Bank of Greece (BoG) data released on Monday.
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EconomyMacroeconomy
Despite strong annual growth, flow of loans to enterprises in Aug at lowest since Jan Credit movement in the Greek private sector gathered more pace in August, rising by 5.8 percent year-on-year (YoY), from 5.5 percent year-on-year in July and 4.5 percent rise in June, Bank of Greece (BoG) figures released on Tuesday showed.
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EconomyMacroeconomy
Deposits growth slows to 89 mln in Aug as corporations record back-to-back drops The net private sector deposit movement in the Greek banking system in August slowed down further to 89 million euros, from 483 million euros in July, and a jump of 2.72 billion euros in June, based on Bank of Greece (BoG) figures released on Tuesday.
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EconomyMacroeconomy
Travel receipts reach 8.55 bln up to July, balance of 7.71 bln beats 2019 record Greece’s travel balance recorded a surplus of 3.52 billion euros in July, from 2.42 billion euros in June, according to Bank of Greece (BoG) data released on Wednesday.
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EconomyMacroeconomy
Despite boost from travel, current account deficit hits 9.74 bln in Jul, up 43 pct YoY Greece posted a current account (C/A) surplus of 1.1 billion euros in July, from a deficit of 722.9 million euros in June, Bank of Greece (BoG) data showed on Tuesday.