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Foreign arrivals push travel surplus up by 6.6 pct in July, average expenditure falls
EconomyMacroeconomyGreece’s travel receipts increased by 5.3 percent in July, slowing from the increase of 14.2 percent noted in June, Bank of Greece (BoG) data revealed on Thursday.
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Current account surplus at 1.57 billion in July, pushed by services balance
EconomyMacroeconomyGreece’s current account (C/A) balance displayed a surplus of 1.57 billion euros in July from 1.36 billion a year ago, Bank of Greece (BoG) figures showed on Wednesday.
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Primary cash surplus falls to 276 mln surplus at end of August amid revenue decline
EconomyMacroeconomyGreece’s central government primary cash balance came to a surplus of 276 million euros in the first eight months of 2017 against a surplus of 2.41 billion euros for the same time last year, Bank of Greece data revealed.
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Eurosystem funding drops by 5.1 bln in Aug driven by ELA fall
EconomyMacroeconomyGreek banks’ Eurosystem funding fell for 26 successive months in August when it fell by a further 5.1 billion euros, Bank of Greece's (BoG) monthly financial statement revealed on Thursday.
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Greek banks meet NPE reduction targets in Q2, write-offs remain primary source of reduction
EconomyBankingGreek banks succeeded in meeting their non-performing exposure (NPE) reduction target in the second quarter (Q2) of 2017 according to the fourth quarterly report on operational targets for NPEs by Bank of Greece.
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Drop in apartment prices continues with slower decline of 1.2 pct in Q2
EconomyMacroeconomyThe nominal value of apartments in Greece fell at a slower pace of 1.2 percent year-on-year (YoY) in the second quarter (Q2) of 2017, following a downwards revised drop of 1.7 percent in Q1 2017, Bank of Greece (BoG) data showed on Thursday.
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Credit contraction continues in July with 1.2 pct decline
EconomyMacroeconomyThe pace of credit contraction in the Greek market marginally decelerated in July, reaching 1.2 percent, Bank of Greece (BoG) figures showed on Monday.
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Inflows continue in July as deposits increase by 927 mln
EconomyMacroeconomyThe positive deposit flow in the Greek banking system continued in July, with inflows reaching 927 million from 1.09 billion in June, Bank of Greece (BoG) figures revealed on Monday.
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Rise in foreign arrivals pushes travel receipts up by 14.2 pct in June
EconomyMacroeconomyGreece's travel receipts rose by 14.2 percent in June, picking up pace from the growth of 1.7 percent noted in May, Bank of Greece (BoG) data revealed on Tuesday.
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Current account surplus at 842.3 million in June, assisted by services balance
EconomyMacroeconomyGreece’s current account (C/A) balance turned to a surplus of 842.3 million euros in June from 909.8 million a year ago, Bank of Greece (BoG) figures showed on Monday.