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EconomyMacroeconomy
Strong deposit growth of 1.14 bln noted in March Net deposit movement in the Greek banking system turned strongly positive in March, with inflows of 1.14 billion compared to inflows of 59 million in February, Bank of Greece (BoG) figures revealed on Monday.
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EconomyProgramme
Institutions prepare for Athens return, completion of fourth review The institutions will return to Athens on May 14 with a view to securing a staff-level agreement (SLA) to bring the fourth review to a close later in the month, the Eurogroup decided on Friday.
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EconomyMacroeconomy
Eurosystem funding drops by 1.45 bln in March as ELA reduction offsets ECB rise Greek banks’ Eurosystem funding fell by around 1.45 billion euros in March, the Bank of Greece's (BoG) monthly financial statement revealed on Friday.
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EconomyProgramme
Debt, fiscal path still divide lenders ahead of Washington Group meeting All eyes will be on Friday’s meeting of the so-called Washington Group at the sidelines of the International Monetary Fund’s Spring Meetings, with Athens hoping that the gathering of some of its lenders will provide greater clarity about the upcoming programme exit.
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Economy
ECB report highlights sluggish Greek economic growth The annual report of the European Central Bank (ECB) showed that Greece had the lowest rate of growth among Eurozone countries in 2017, with 1.4 percent growth compared to the average of 2.3 percent.
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EconomyMacroeconomy
February deposit balance positive by 59 mln, reversing previous month's outflow Net deposit movement in the Greek banking system returned to positive territory in February with inflows of 59 million compared to outflows of 1.40 billion euros in January, Bank of Greece (BoG) figures revealed on Tuesday.
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EconomyMacroeconomy
Eurosystem funding drops by 2.80 bln in February, led by ELA reduction Greek banks’ Eurosystem funding fell by around 2.80 billion euros in February, Bank of Greece's (BoG) monthly financial statement revealed on Tuesday.
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EconomyBanking
IFRS 9 provisions required by banks in line with expectations Another box was ticked this week in the process that began last month, when the European Banking Authority officially launched the stress tests for Greek banks, which are due to be completed in May.
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EconomyMacroeconomy Eurosystem funding drops by 4.58 bln in January, banknotes in circulation fall Greek banks’ Eurosystem funding fell by around 4.58 billion euros in January, Bank of Greece's (BoG) monthly financial statement revealed on Monday.
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EconomyMacroeconomy
Deposits turn negative in Jan with outflows of 1.40 bln Net deposit movement in the Greek banking system turned negative in January with outflows of 1.40 billion euros compared to positive inflows of 2.54 billion euros in December, Bank of Greece (BoG) figures revealed on Tuesday.