Tags
BoG
RSS-
EconomyMacroeconomy
C/A balance positive by 1.4 bln to Nov, 2013 surplus in sight Greece's November current account (C/A) balance showed the deficit marginally shrinking to 744 million euros from 753 million last year, according to the Bank of Greece (BoG).
-
EconomyMacroeconomy
Greek banks' reliance on Eurosystem funding rose in December for first time since April Greek banks’ Eurosystem funding, the combined liquidity they have received from the European Central Bank (ECB) and the Bank of Greece (BoG) Emergency Liquidity Assistance (ELA) mechanism, rose by 2.92 billion euros in December, according to the BoG’s 2013 annual accounts.
-
EconomyMacroeconomy
Greece records primary cash deficit in 2013 Greece’s 2013 central government net balance on a cash basis showed the deficit widening by 19.6 percent to 12.79 billion euros from 10.7 billion last year, according to the Bank of Greece (BoG).
-
EconomyMacroeconomy
Bank of Greece decision bolsters Greek lenders’ capital ratios In an unexpected move, the Bank of Greece (BoG) repealed a previous cap on the deferred tax asset (DTA) recognition in Greek banks’ Core Tier 1 (CT1) calculation, resulting in a positive impact on their capital ratios effective in the fourth quarter of 2013.
-
EconomyMacroeconomy
Deposits edged up in Nov but credit contraction was close to 4 pct Greek private sector deposits increased by 0.4 percent month on month (mom) in November, for the first time since May, with balances reaching 161.04 billion euros, according to the Bank of Greece (BoG). Net inflows stood at 394 million in November from outflows of 630 million in October.
-
EconomyMacroeconomy
October C/A deficit drops to 351 mln, down 39.1 pct over year Greece's October current account (C/A) balance showed Greece’s deficit shrinking to 351 million euros from 577 million last year, according to the Bank of Greece (BoG).
-
EconomyMacroeconomy Bank of Greece sees 0.5pct growth in 2014 but warns of political risks Greece is expected to post a general government primary surplus as well as a current account surplus of 1 percent of GDP for the first time in 2013, according to the Bank of Greece’s (BoG) interim report on Monetary Policy published on Tuesday.
-
EconomyMacroeconomy
Cash deficit to November rises to 9.9 bln as Greece pays off arrears The central government net balance to November on a cash basis showed the deficit widening by 30 percent to 9.96 billion euros from 7.67 billion last year, according to the Bank of Greece (BoG).
-
EconomyMacroeconomy
Banks' reliance on Eurosystem funding eases for seventh straight month in Nov Greek banks’ Eurosystem funding, the combined liquidity they have received from the European Central Bank (ECB) and the Bank of Greece (BoG) Emergency Liquidity Assistance (ELA) mechanism, marginally eased by 0.33 billion euros in November, according to the BoG’s monthly financial statement.
-
EconomyMacroeconomy
Greek deposits slip in October as credit also contracts by 3.9 pct Greek private sector deposits decreased by 0.6 percent month on month (mom) in October, with balances reaching 160.38 billion euros, according to the Bank of Greece (BoG). Net flow remained negative for the fifth consecutive month, with outflows slightly slipping at 630 million in October from 719 million in September.