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EconomyMacroeconomy
Greek current account deficit grows in Dec, 2014 surplus at 1.66 bln Greece's current account (C/A) balance showed a deficit for the third successive month in December, when it reached 870 million euros, which was more than 3.5 times higher than last year’s figure, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Drop in revenues drives Jan central government primary cash deficit to 149 mln Greece’s central government primary cash balance recorded a deficit of 149 million euros in January 2015 from surplus of 812 million last year, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek apartment prices down 5.8 pct in Q4 2014 The drop in apartment prices in Greece decelerated for the sixth successive quarter to 5.8 percent in Q4 2014 from 7 percent in Q3, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek time deposit rate falls to 1.82 pct in Dec, lowest during euro membership The interest rate on households’ new time deposits continued heading south for the ninth straight month in December, when it fell by 6 basis points (bps) to 1.82 percent, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek deposits down 4.2 bln in Dec for highest outflows since June 2012 Greek private sector deposits fell for the third straight month in December, when they declined by 2.4 percent month on month (MoM). Balances reached 160.29 billion euros, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek credit contracts by 3.1 pct in December The rate of contraction in Greek bank credit slightly accelerated to 3.1 percent in December from 3 percent in November, according to the Bank of Greece (BoG). However, this was the second lowest negative reading since November 2011.
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EconomyMacroeconomy
Greek current account deficit widens by 32.4 pct in November despite services surplus Greece's current account (C/A) balance remained in negative territory for the second straight month in November, when the deficit widened by 32.4 percent to 997 million euros from 753 million last year, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Eurosystem funding for Greek banks shoots up by 11.2 bln in December Greek banks’ Eurosystem funding shot up by 11.19 billion to 56.04 billion euros at the end of December from 44.85 billion at the end of November, according to the Bank of Greece's (BoG) annual financial statement.
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EconomyMacroeconomy Central gov't cash surplus reaches 1.42 bln in 2014 after 1.19 bln deficit in Dec Greece’s central government primary cash balance posted a surplus of 1.42 billion in 2014 from deficit of 6.72 billion in 2013, according to the Bank of Greece (BoG).
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Economy
Greek banks set for early ELA return in apparent precautionary move Kathimerιni daily revealed on Friday that two of the four systemic banks have submitted requests to the Bank of Greece (BoG) for raising liquidity of 5 billion euros through the Emergency Liquidity Mechanism (ELA), while the other two are expected to follow suit in the coming days.