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Travel balance of 15.7 bln in 2022 beats 2019 levels, arrivals yet to catch up
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 71 million euros in December, from 180 million euros in November, according to Bank of Greece (BoG) data released on Tuesday.
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Current account deficit exceeded 20 bln last year, up from 12.27 bln in 2021
EconomyMacroeconomyGreece closed 2022 with a current account deficit of 2.66 billion euros, down from 3.93 billion euros in November 2022, Bank of Greece (BoG) data showed on Monday.
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Loan rates exceed 5 pct in Dec, spread at highest in almost 20 years
EconomyMacroeconomyInterest rates on loans in Greece continued their upward trend that started in the summer, with the weighted average rate on loans climbing to over 5 percent, at 5.06 percent at the end of 2022, according to the latest data released by the Bank of Greece on Thursday.
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Loans grow by 6.3 pct in Dec, highest since 2009
EconomyMacroeconomyCredit movement in the Greek private sector accelerated in December, rising by 6.3 percent year-on-year (YoY), from 5 percent in November, and 5.3 percent in October, Bank of Greece (BoG) figures released on Friday showed.
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Deposits record growth of 5 bln in Dec, balance at highest since summer 2011
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system turned positive in December with a jump of 5 billion euros, after a drop of 591 million euros in November, based on Bank of Greece (BoG) figures released on Friday.
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Travel balance up to Nov reaches 15.62 bln, arrivals down 11 pct on 2019
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 180 million euros in November, from 1.31 billion euros in October, according to Bank of Greece (BoG) data released on Monday.
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Current account deficit widens to 3.93 bln in Nov, 17.48 bln in 11M
EconomyMacroeconomyGreece posted a deep current account deficit (C/A) of 3.93 billion euros in November, from 2.7 billion euros in October, Bank of Greece (BoG) data showed on Friday.
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Nov sees 5 pct rise in loans, led by corporations and consumer credit
EconomyMacroeconomyCredit movement in the Greek private sector slightly slowed in November, rising by 5 percent year-on-year (YoY), from 5.3 percent in October, and 6 percent in September, Bank of Greece (BoG) figures released on Thursday showed.
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Deposit flow records back-to-back drop of 591 mln in Nov amid grip of cost-of-living crisis
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in November stayed negative with a drop of 591 million euros, after another drop of 550 million euros in October, based on Bank of Greece (BoG) figures released on Thursday.
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Arrivals nearly double year-on-year in 10M, travel receipts exceed 17 bln
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 1.31 billion euros in October, from 2.67 billion euros in September, according to Bank of Greece (BoG) data released on Thursday.