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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.
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Greek deposit rate almost stable, loan rate slightly up in May
EconomyMacroeconomyThe interest rate on Greek households’ new time deposits marginally slipped for the second straight month by 1 basis point (bp) to 1.81 percent in May from 1.82 percent in April, according to the Bank of Greece (BoG).
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Credit contracts by slower rate of 2.1 pct in May
EconomyMacroeconomyGreek bank credit contraction further decelerated to 2.1 percent in May from 2.4 percent in April, according to the Bank of Greece (BoG).
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Deposit outflows eased to 3.86 bln in May, balance below 130 bln
EconomyMacroeconomyGreek private sector deposit outflows eased to 3.86 billion in May from 4.66 billion in Apr, according to the Bank of Greece (BoG).
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Eurosystem funding for Greek banks up by 3.56 bln in May to reach 116.4 bln
EconomyMacroeconomyGreek banks’ Eurosystem funding increased for the eighth straight month in May but at a slower pace of 3.56 billion euros compared to 5.66 billion in April, according to the Bank of Greece's (BoG) monthly financial statement published on Tuesday.
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Travel receipts rise by 16.3 pct in April on jump in arrivals
EconomyMacroeconomyThe growth rate of Greece's travel receipts accelerated to 16.3 percent in April from 13.3 percent in March, according to the Bank of Greece (BoG).
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Greek primary cash surplus at 1.07 billion at end-May on lower expenditure
EconomyMacroeconomyGreece’s central government primary cash surplus remained almost unchanged at 1.065 billion in the 5-month period of 2015, from 1.057 billion last year, according to the Bank of Greece (BoG).
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Greek C/A deficit shrinks by 17 pct in April as imports drop faster than exports
EconomyMacroeconomyGreece's current account (C/A) deficit narrowed by 17 percent to 955 million euros in April from 1.15 billion last year, according to the Bank of Greece (BoG).
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Bank of Greece warns of dangers in failure to reach deal with lenders
EconomyMacroeconomyIn its biannual Monetary Policy report published on Wednesday, the Bank of Greece (BoG) makes clear its belief that it is of paramount importance that the Greek government conclude an agreement with official lenders, describing it is a “historical imperative the country cannot afford to ignore.”