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Credit expansion grows by 4.5 pct in Mar, driven by corporations
EconomyMacroeconomyThe credit expansion in the Greek private sector picked up even more pace further in March, rising by 4.5 percent year-on-year (YoY), up from 3.8 percent in February, Bank of Greece (BoG) figures released on Friday showed.
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Deposits reverse contraction in Mar with 1.67 bln growth
EconomyMacroeconomyThe net private sector deposits in the Greek banking system increased in March with a rise of 1.67 billion euros, after a 1.07 billion euros drop in February, based on the latest Bank of Greece (BoG) figures released on Friday.
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Travel balance rises in Feb as arrivals jump by 20.7 pct in first two months
EconomyMacroeconomyGreece's travel balance recorded a surplus of 111.7 million euros in February, compared to 112.6 million euros in January, according to data released by the Bank of Greece (BoG) on Monday.
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BoG sees 2024 growth at 2.3 pct, cautions against complacency due to risks
EconomyMacroeconomyAhead of the general meeting of its shareholders, the Bank of Greece released on Monday the annual governor’s report for 2023 in which it sees progress on several fronts, notably securing the investment grade for GGBs.
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Deposits continue to slide in Feb as households and firms dip into savings
EconomyMacroeconomyThe net private sector deposits in the Greek banking system contracted further in February with a drop of 1.07 billion euros, after a 5.24 billion euros drop in January, based on the latest Bank of Greece (BoG) figures released on Thursday.
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Lending to corporations drives credit expansion of 3.8 pct YoY in Feb
EconomyMacroeconomyThe credit expansion in the Greek private sector picked up pace slightly in February, rising by 3.8 percent year-on-year (YoY), up from 3 percent in January, Bank of Greece (BoG) figures released on Thursday showed.
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Travel balance surplus more than doubles YoY in Jan
EconomyMacroeconomyGreece's travel balance recorded a modest surplus of 112.6 million euros in January, compared to 114.9 million euros in December, according to data released by the Bank of Greece (BoG) on Tuesday.
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Jan current account in surplus, trade balance worsens as exports drop again
EconomyMacroeconomyGreece’s current account recorded a surplus of 1.7 billion euros in January, from a deficit of 2.25 billion euros in December, Bank of Greece (BoG) data showed on Friday.
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Credit expansion slows in Jan with 2.73 bln outflow
EconomyMacroeconomyThe credit expansion in the Greek private sector slightly slowed in January, rising by 3 percent year-on-year (YoY), up from 3.6 percent in December, Bank of Greece (BoG) figures released on Tuesday showed.
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Jan sees sharp drop of 5.24 bln in deposits, led by corporations
EconomyMacroeconomyThe net private sector deposits in the Greek banking system contracted significantly in January with a drop of 5.24 billion euros, after a 6.38 billion euros jump in December, based on the latest Bank of Greece (BoG) figures released on Tuesday.