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EconomyMacroeconomy
Better income account helps squeeze Greek C/A deficit in January Greece's January current account (C/A) deficit narrowed moderately to 295 million euros from 314 million last year, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Greek banks' Eurosystem funding down for second month in a row in Feb Greek banks’ Eurosystem funding eased for the second straight month by 2.85 billion in February, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure settled at 67.99 billion, below the 70-billion mark for the first time since March 2010.
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EconomyMacroeconomy
Central government primary cash surplus at 1.7 bln to February Greece’s central government net balance to February on a cash basis showed a surplus of 221 million from deficit of 1.4 billion last year, according to the Bank of Greece (BoG).
At the same time, the primary cash balance turned also positive posting a surplus of 1.68 billion from deficit of 188 million last year. -
EconomyMacroeconomy
General gov't cash surplus widened to 2 bln in January The Greek general government (gg) cash surplus in January widened by 32.5 percent to 2 billion euros from 1.51 billion last year, according to the gg bulletin released by the Ministry of Finance on Tuesday.
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EconomyMacroeconomy
Eurosystem funding for Greek banks eases by 2.18 bln in January Following a brief rise in December, Greek banks’ Eurosystem funding resumed its downward trend in January easing by 2.18 billion euros, according to the Bank of Greece (BoG) monthly financial statement.
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EconomyMacroeconomy
Bank of Greece publishes bank stress test results, which see capital needs at 6.4 bln The Bank of Greece (BoG) released on Thursday the much anticipated report on Greek banks’ capital needs resulting from a follow-up stress test including the outcome of the new Blackrock loan diagnostic.
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EconomyMacroeconomy
Greek deposits fell by 1.4 pct in January amid outflows of 2.3 bln Greek private sector deposits fell 1.4 percent month on month (mom) in January with balances reaching 161.03 billion euros, according to the Bank of Greece (BoG).
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EconomyMacroeconomy Greek credit contracts by 4 pct in Jan, NPLs rise to 31.2 pct in Sept The year on year (yoy) credit contraction in the Greek market marginally accelerated for the second straight month to 4 percent in January from 3.9 percent in December, with balances reaching 217.61 billion euros, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
C/A surplus of 0.7 pct of GDP in 2013 is Greece's first for decades Greece posted a current account (C/A) surplus of 1.24 billion euros (0.7 percent of GDP) in 2013 for first time in decades, following a deficit of 4.62 billion in 2012 (2.4 percent of GDP), according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Central gov't cash surplus rises by 53.8 pct to 603 mln in January Greece’s central government net balance on a cash basis showed the surplus widening by 53.8 percent to 603 million euros in January from 392 million last year, according to the Bank of Greece (BoG).