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EconomyMacroeconomy
Credit net flows remain negative in Aug, growth at just 0.9 pct YoY The pace of credit expansion in the Greek private sector continued to slide in August, rising by 0.9 percent year-on-year (YoY), from 1.2 percent in July, Bank of Greece (BoG) figures released on Wednesday showed.
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EconomyMacroeconomy
Travel balance to July soars by 19 pct, reaching almost 9 bln Greece’s travel balance recorded a surplus of 3.88 billion euros in July, from 2.73 billion euros in June, according to Bank of Greece (BoG) data released on Thursday.
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EconomyMacroeconomy
Current account deficit shrinks to 7 bln in 7 months as energy and imports ease Greece’s current account produced a surplus of 827.5 million euros in July, from a deficit of 638.2 million euros in June, Bank of Greece (BoG) data showed on Wednesday.
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EconomyMacroeconomy
Loans managed by servicers broadly stable in Q2 at 71.16 bln The universe of loans managed by Credit Servicing Firms (CSF) has stabilised since Q4 last year and in Q2 2022 it stood at 71.16 billion euros, according to data released by the Bank of Greece (BoG) on Monday.
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EconomyMacroeconomy
Deposits contract by 191 mln in July as business savings decline The net private sector deposit movement in the Greek banking system turned marginally negative in July with a 191-million-euro outflow, after jumping by 3 billion euros in June, based on the latest Bank of Greece (BoG) figures released on Monday.
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EconomyMacroeconomy
Credit expansion slows to 1.2 pct in July as corporate loans contract The pace of credit movement in the Greek private sector continued to slow in July, rising by 1.2 percent year-on-year (YoY), from 2.8 percent in June, Bank of Greece (BoG) figures released on Monday showed.
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EconomyMacroeconomy
Travel surplus rises to 5.06 bln in June as arrivals soar by 26 pct in 6M Greece’s travel balance recorded a surplus of 2.73 billion euros in June, from 1.54 billion euros in May, according to Bank of Greece (BoG) data released on Tuesday.
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EconomyMacroeconomy
Impact of energy moderates, current account deficit narrows to 7.86 bln in 6M Greece’s current deficit narrowed further to 638.2 million euros in June, from 1.65 billion euros in May, Bank of Greece (BoG) data showed on Monday.
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EconomyMacroeconomy Deposits jump to highest since 2011 in Jun as corporate savings record significant rise The net private sector deposit movement in the Greek banking system jumped by 3 billion euros in June, from a positive flow of 794 million euros in May, based on the latest Bank of Greece (BoG) figures released on Wednesday.
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EconomyMacroeconomy
Growth in credit expansion slows further to 2.8 pct in Jun The pace of credit movement in the Greek private sector continued to slow in June, rising by 2.8 percent year-on-year (YoY), from 3.1 percent in May, Bank of Greece (BoG) figures released on Wednesday showed.