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EconomyMacroeconomy
Deposits rise for third straight month in May, reaching 162.1 bln Greek private sector deposits rose 0.4 percent month on month (MoM) in May, with balances reaching 162.1 billion euros, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greece sees travel receipts shoot up by 35.8 pct in April Greece's April travel receipts increased sharply by 35.8 percent to 411 million euros from 303 million last year, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
C/A deficit to April narrows by 34.7 pct boosted by services Greece's April current account (C/A) deficit slightly rose by 1.3 percent to 1.17 billion from 1.15 billion last year, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
BoG sees central gov't primary surplus to May at 1.06 bln on cash basis Greece’s central government net balance to May on a cash basis showed the deficit narrowing by 74.4 percent to 1.88 billion from 7.32 billion last year, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek banks' Eurosystem funding at lowest since Jan 2010; ELA also wiped out Greek banks’ Eurosystem funding fell by 11.3 billion euros in May, the highest monthly drop since January 2013, according to the Bank of Greece's (BoG) monthly financial statement.
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EconomyMacroeconomy
As Bank of Greece lines up Stournaras to take over, it reveals how risky things got during crisis The Bank of Greece (BoG) published a report on Wednesday titled “The Chronicle of the big Crisis,” outlining the critical actions the BoG took between 2008 and 2013.
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EconomyMacroeconomy
Cost of Greek corporate loans rises in April, remains well above euro average After remaining stable for the past five months, the interest rate on households’ new time deposits eased by 10 basis points (bps) to 2.71 percent in April, according to the Bank of Greece (BoG).
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EconomyMacroeconomy Greek credit contracts again in April but at slightly lower rate of 3.7 pct The year on year (YoY) credit contraction in the Greek market decelerated to 3.7 percent in April from 4.1 percent in March, with balances easing to 215.14 billion euros, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek deposits edge up for second month in April, reach 161.3 bln Greek private sector deposits increased 0.2 percent month on month (MoM) in April, with balances reaching 161.3 billion euros, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Fitch upgrades Greek credit rating to B with stable outlook As previously rumoured, Fitch upgraded on Friday Greece’s rating by one notch to ‘B’ from ‘B-‘ with a stable outlook, yet still remaining in the non-investment grade.