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Time deposit rate almost flat in Jan, average loan rate falls 12 bps
EconomyMacroeconomyGreek households’ new time deposit rate remained broadly stable for the second straight month in January, when it eased marginally by 1 basis point (bp) to 1.01 percent in January, Bank of Greece (BoG) figures displayed on Wednesday.
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Eurosystem funding down by 1.4 bln in Jan due to lower reliance on ECB funding
EconomyMacroeconomyGreek banks’ Eurosystem funding fell for the seventh successive month, albeit at a slower pace, in January, when it declined by 1.42 billion following a drop of 5.89 billion in December, the Bank of Greece's (BoG) monthly financial statement displayed on Tuesday.
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Negative deposit flow of 1.12 bln in Jan
EconomyMacroeconomyAfter a short-lived positive flow of 2.65 billion in December, the Greek banking system recorded outflows of 1.12 billion in January, Bank of Greece (BoG) data displayed on Thursday.
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BoG outlines steps to economic recovery, updates on banks' asset quality
EconomyMacroeconomyIn its annual report released on Thursday, the Bank of Greece (BoG) estimated that the recession will bottom out and expects a slight recovery during the second half of the year subject to political stability and elimination of uncertainty.
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Credit contraction edges up to 2.1 pct in Jan on deductions of 512 million
EconomyMacroeconomyGreek bank credit contraction slightly accelerated to 2.1 percent in January from 2 percent in December, Bank of Greece (BoG) figures displayed on Thursday.
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Travel receipts grow 12.2 pct in Dec, surplus rises to 12.17 bln in 2015
EconomyMacroeconomyGreece's travel receipts rose at a double-digit rate for the second straight month in December, when they increased by 12.2 percent from 16 percent in November, Bank of Greece (BoG) data showed on Monday.
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Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015
EconomyMacroeconomyGreece's current account (C/A) deficit fell by 58.3 percent to 779.8 million euros in December from 1.87 billion last year, Bank of Greece (BoG) figures showed on Friday.
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Primary cash surplus of 386 mln in Jan from deficit last year
EconomyMacroeconomyGreece’s central government primary cash balance displayed a surplus of 386 million euros in January from deficit of 149 million last year, Bank of Greece (BoG) figures showed on Wednesday.
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Apartment prices down by 5.4 pct in Q4 and 5.1 pct over whole of 2015
EconomyMacroeconomyGreek apartment prices decreased by 5.4 percent in the fourth quarter (Q4) of 2015, at a slightly decelerating pace compared to the revised 5.8 percent drop in Q3, Bank of Greece (BoG) data displayed on Monday.
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Time deposit rate almost stable in December, average loan rate rises 17 bps
EconomyMacroeconomyGreek households’ new time deposit rate rose by 1 basis point to 1.02 percent in December, Bank of Greece (BoG) figures showed on Thursday.