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EconomyMacroeconomy
Apartment prices see 22nd straight quarter of decline: Down 7.3 pct in Q2 The drop in apartment prices in Greece decelerated for the fourth successive quarter to 7.3 percent in Q2 2014 from 8.5 percent in Q1, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
BoG shows lower deposit rates and a sharper drop in loan rates in June Τhe interest rate on households’ new time deposits dropped another 14 basis points (bps) to 2.39 percent in June, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek deposits inch up again in June, reaching 163.21 bln Greek private sector deposits increased 0.7 percent month on month (MoM) in June, with balances rising for the fourth straight month and reaching 163.21 billion euros, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Credit contracts by 3.5 pct in June, balances at 214.81 bln Credit in the Greek market contracted by 3.5 percent in June, unchanged from the previous month and with balances slightly increasing to 214.81 billion euros, according to the Bank of Greece (BoG).
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Economy
Greece sees tourist arrivals rise 12.6 pct in May but spending fall 10.6 pct The rate of increase of Greece's travel receipts significantly decelerated to 0.8 percent in May from 35.8 percent in April, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
As imports rise, Greek C/A balance flips back to deficit in May Greece's May current account (C/A) balance showed a deficit of 246.2 million from a surplus of 69.6 million last year, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek banks' Eurosystem funding drops to 44.95 bln in June, lowest since Jan 2010 Greek banks’ Eurosystem funding dropped by another 5.71 billion euros in June, after falling by 11.3 billion in May, according to the Bank of Greece's (BoG) monthly financial statement.
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EconomyMacroeconomy
Central gov't primary cash surplus reaches 1.37 billion in first half of year Greece’s central government net balance to June on a cash basis showed the deficit shrinking by 78 percent, or 6.8 billion euros, to 1.82 billion from 8.72 billion last year, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Loan and deposit rates edge down in May but remain above euro area average Following a drop by 10 basis points (bps) in April, the interest rate on households’ new time deposits fell further by 18 bps 2.53 percent in May, according to the Bank of Greece (BoG).
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EconomyMacroeconomy Credit contracts at slower rate of 3.5 pct in May, balances down to 214.3 bln The year on year (YoY) credit contraction in the Greek market further decelerated to 3.5 percent in May from 3.7 percent in April, with balances easing to 214.35 billion euros, according to the Bank of Greece (BoG).