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EconomyMacroeconomy
Greece's C/A deficit for March drops sharply to 44.4 mln Greece's March current account (C/A) deficit shrank to 44.4 million from 1.24 billion last year, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Central gov't cash deficit shrinks to 1.27 bln in April Greece’s central government net balance to April on a cash basis showed the deficit shrinking to 1.27 billion euros, 4 billion lower than a year earlier, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Apartment prices fell 7.5 pct in Q1, down for the 21st successive quarter Apartment prices in the Greek market fell by 7.5 percent year on year (YoY) in the first quarter (Q1) of 2014, according to the Bank of Greece (BoG). Although at a slightly decelerating trend over the past four quarters, this is the twenty-first successive negative reading since Q1 2009.
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EconomyMacroeconomy
April saw first rise in Greek banks' Eurosystem funding this year Greek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise for the first time since December 2013, according to the Bank of Greece's (BoG) monthly financial statement.
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EconomyMacroeconomy
Credit contracts by 4.1 pct in March, loans down by 3.4 pct The year on year (YoY) credit contraction in the Greek market slightly accelerated to 4.1 percent in March from 4 percent in the preceding two months, with balances reaching 215.88 billion euros, according to the BoG.
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EconomyMacroeconomy
Slight rise in deposits for March but outflows at 2.2 bln for 2014 Greek private sector deposits rose 0.3 percent month on month (MoM) in March, with balances reaching 161.05 billion euros, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek current account deficit rises to 709 mln in February Greece's February current account (C/A) deficit rose by 3.6 percent to 709 million euros, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Central gov't cash deficit down to 1.14 bln in March Greece’s central government net balance to March on a cash basis showed a deficit of 1.14 billion. 59 percent lower compared to last year’s 2.76 billion, according to the Bank of Greece (BoG).
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EconomyMacroeconomy Greek banks' Eurosystem funding falls for third straight month, at lowest since Feb 2010 Greek banks’ Eurosystem funding dropped in March at the fastest pace since May 2013. It fell by 7.3 billion in what was the third successive month that funding declined, according to the Bank of Greece's (BoG) monthly financial statement.
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EconomyMacroeconomy
Greek deposits down 0.3 pct in Feb, credit contraction stable Greek private sector deposits fell 0.3 percent month on month (MoM) in February, with balances reaching 160.54 billion euros, according to the Bank of Greece (BoG).