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EconomyMacroeconomy
Deposit rates stable, avg loan rate below 5 pct for first time since 2002 The interest rate on households’ new time deposits marginally increased by 1 basis point (bp) to 1.81 percent in February from 1.8 percent in January, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek deposits fell by 7.7 bln in Feb and total of 24.6 bln since Dec Greek private sector deposit outflows slowed to 7.63 billion in February from a record high of 12.79 billion in January, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Monthly credit flow turns positive in Feb for first time since June 2012 Greek bank credit contraction slowed to 2.5 percent in February from 2.9 percent in January, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek travel receipts rise 9.1 pct in January as surplus doubles Greece's travel receipts rose by 9.1 percent in January, after a modest increase of 1 percent in December, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek current account deficit widens to 847 mln in Jan as exports fall further Greece's current account (C/A) deficit widened to 847 million euros in January 2015, more than 2.5 times higher than the previous year, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek central gov’t cash surplus shrinks 70 pct to 503 mln by February Greece’s central government primary cash balance showed a surplus of 503 million in the first two months of 2015 down by 70 percent on last year’s figure of 1.68 billion, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek banks' Eurosystem funding at 13-month high of 104.2 bln in Feb as ELA rises As expected, Greek banks’ Eurosystem funding climbed by another 16.77 billion euros month on month (MoM) to 104.25 billion at the end of February from 87.48 billion in January, according to the Bank of Greece's (BoG) monthly financial statement published on Thursday.
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EconomyMacroeconomy
Minor changes in Greek time deposit rates, higher movements in corporate loans The interest rate on households’ new time deposits eased in January by just 2 basis points (bps), falling to 1.8 percent from 1.82 percent in December, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek banks' Eurosystem funding jumps to 87.4 bln in Jan, ELA at 5.2 bln Greek banks’ Eurosystem funding jumped by 31.44 billion euros month on month (MoM) to 87.48 billion at the end of January from 56.04 billion at the end of December, according to the Bank of Greece's (BoG) monthly financial statement published today.
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EconomyMacroeconomy
Greek deposits nosedive by 12.8 bln in Jan as balances reach lowest point since Aug 2005 Greek private sector deposits fell for the fourth successive month in January at the accelerating pace of 7.6 percent month on month (MoM), with balances reaching 148.04 billion euros, according to the Bank of Greece (BoG).