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EconomyMacroeconomy
Deposits edge down to 123.5 bln in September on outflows of 379 mln The Greek market recorded deposit outflows of 379 million euros in September, following inflows of 1.33 billion in August, Bank of Greece (BoG) figures displayed on Thursday.
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EconomyMacroeconomy
Travel receipts drop 9.2 pct in Aug, dragging balance down 10.6 pct Greece's travel receipts fell for the fifth straight month in August, when they declined at an accelerating pace of 9.2 percent from a 3.5 percent fall in July, Bank of Greece (BoG) figures showed on Monday.
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EconomyMacroeconomy
Current account surplus narrows to 1.82 bln in August Greece’s current account (C/A) surplus fell by 379 million, or 17.2 percent, to reach 1.82 billion euros in August, down from 2.2 billion a year ago, Bank of Greece (BoG) figures showed on Friday.
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EconomyMacroeconomy
Primary cash surplus expands to 3.2 bln by September incorporating arrears repayment of 2 bln Greece’s central government primary cash surplus increased by 540 million to 3.22 billion in the 9-month period of 2016 from 2.68 billion last year, Bank of Greece (BoG) figures showed on Wednesday.
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EconomyMacroeconomy
Credit standards and demand for Greek loans remain stable in Q3 As previously estimated, credit standards for Greek corporate and household loans remained broadly unchanged quarter on quarter (QoQ) in the third quarter (Q3) of 2016, Bank of Greece (BoG) bank lending survey (BLS) showed on Tuesday.
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EconomyMacroeconomy
Stournaras outlines conditions for strong 2017 growth, calls for debt relief measures soon Speaking at the congress of the Association of Greek Tourism Enterprises (SETE) on Monday, the Bank of Greece (BoG) governor Yannis Stournaras repeated his belief that the domestic economic will start recovering in the second half of this year.
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EconomyMacroeconomy
September drop of 3.1 bln is 15th straight month of decline in Eurosystem funding Greek banks’ Eurosystem funding fell by another 3.15 billion euros in September after a drop of 4.39 billion in August, Bank of Greece's (BoG) monthly financial statement showed on Thursday.
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EconomyMacroeconomy
Broadly stable rate in time deposits, corporate loan rates fall in Aug Greek households’ new time deposit rate edged up by 1 basis point (bp) to 0.87 percent in August from 0.86 percent in the previous two months, Bank of Greece (BoG) data displayed on Tuesday.
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EconomyMacroeconomy
Credit contracts by 1.7 pct in August, loans balance at its lowest since 2007 Credit contraction in the Greek market slightly accelerated to 1.7 percent in August from 1.6 percent in the previous month, Bank of Greece (BoG) figures displayed on Friday.
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EconomyMacroeconomy
Deposits grow by 1.3 bln in August, highest inflow in 2016 Deposit flow in the Greek market turned positive with inflows of 1.33 billion in August from outflows of 153 million in July, Bank of Greece (BoG) figures showed on Tuesday. The headline figure indicates the highest positive flow in the course of this year.