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ELA funding down by 1.48 bln in July for first monthly drop since May 2014
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by 1.29 billion euros in July after rising by 10.17 billion in June, according to the Bank of Greece's (BoG) monthly financial statement published on Monday.
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Rate of drop in apartment prices picks up again in Q2
EconomyMacroeconomyAfter decelerating in the preceding seven quarters, the drop in Greek apartment prices accelerated to 5.6 percent in the second quarter (Q2) of 2015 from a revised 4.1 percent in Q1, according to the Bank of Greece (BoG).
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Drop in corporate loan rates led the average loan rate at a new historic low
EconomyMacroeconomyGreek households’ new time deposit rate remained at 1.81 percent in June unchanged from the previous month, according to the Bank of Greece (BoG).
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Credit contracts at slower pace of 1.7 pct in June, monthly loan flow positive
EconomyMacroeconomyGreek bank credit contracted at a decelerating pace for the third successive month by 1.7 percent in June from 2.1 percent in May, according to the Bank of Greece (BoG). The June headline rate indicates the slowest decline since August 2011.
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June deposit outflow rises to 7.58 bln as total balance drops to lowest in 12 years
EconomyMacroeconomyGreek private sector deposit outflows accelerated to 7.58 billion euros in June from 3.86 billion in May, according to the Bank of Greece (BoG).
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Travel receipts up 17 pct in May as average expenditure per trip rebounds
EconomyMacroeconomyGreece's travel receipts continued heading north at a double-digit rate in May, when they rose by 17 percent in May from 16.3 percent in April, according to the Bank of Greece (BoG).
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Current account surplus at 407 mln in May - first positive balance since Sept 2014
EconomyMacroeconomyGreece's current account (C/A) balance showed a surplus of 407 million in May from deficit of 299 million last year, according to the Bank of Greece (BoG).
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ELA funding up by 9.2 bln in June, banknotes in circulation reach all-time high
EconomyMacroeconomyGreek banks’ Eurosystem funding rose by 10.17 billion euros in June after increasing by 3.56 billion in May, according to the Bank of Greece's (BoG) monthly financial statement published on Monday.
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Cash primary surplus reaches 1.3 bln at end of June on lower expenditure
EconomyMacroeconomyGreece’s central government primary cash surplus eased by 4.6 percent to to 1.3 billion euros in the first half of 2015 from 1.37 billion last year, according to the Bank of Greece (BoG).
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Credit standards tougher in Q2, expected to tighten further
EconomyMacroeconomyCredit standards for corporate loans tightened quarter on quarter (QoQ), according to the Bank of Greece (BoG) bank lending survey (BLS) for the second quarter (Q2) of 2015.