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EconomyMacroeconomy
General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 blnzzzz Greece’s general government (gg) primary cash surplus grew by almost 1.7 billion euros to 4.02 billion in the 7-month period of 2016 from 2.33 billion a year ago, the Finance Ministry (MoF) gg bulletin displayed on Wednesday.
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EconomyMacroeconomy
Eurosystem funding falls by another 4.4 bln in August Greek banks’ Eurosystem funding remained on a downward trend for the fourteenth successive month in August, when it dropped by 4.39 billion euros, after a similar fall of 4.3 billion in July, Bank of Greece's (BoG) monthly financial statement displayed on Wednesday.
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EconomyMacroeconomy
Credit contraction slows to 1.6 pct in July, loan deductions jump to 638 mln Credit contraction in the Greek banking market decelerated to 1.6 percent in July from 2 percent in June, Bank of Greece (BoG) figures showed on Friday.
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EconomyMacroeconomy
Deposit flow turns negative, outflows of 153 mln in July Deposit outflows of 153 million were recorded in the Greek banking market after inflows of 1.07 billion in the previous month, Bank of Greece (BoG) figures displayed on Friday.
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EconomyMacroeconomy
Apartment prices drop by 2.7 pct in Q2, slowest rate since Q1 2010 Apartment prices in Greece continued heading south, but at a decelerating pace, for the third successive quarter in Q2 of 2016, when they dropped by 2.7 percent from a revised 4.7 percent decline in Q1, Bank of Greece (BoG) data displayed on Thursday.
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EconomyMacroeconomy
Drop in arrivals and spending impinge on H1 travel receipts The balance of travel services in June posted a surplus of 1.72 billion euros, a decline of 3.6 percent compared to the surplus of 1.78 billion in the same period last year, according to data released by Bank of Greece on Monday.
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EconomyMacroeconomy
Current account surplus almost doubles to 1 bln in June Greece's current account (C/A) surplus almost doubled to 1 billion euros in June from 508.9 million a year ago, Bank of Greece (BoG) figures showed on Thursday.
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EconomyMacroeconomy
Primary cash surplus to July falls to 2.4 bln, including arrears repayment of 1.1 bln Greece’s central government primary cash surplus fell by 607 million euros to 2.38 billion in the 7-month period of 2016 from 2.99 billion in the corresponding period last year, Bank of Greece (BoG) figures showed on Thursday.
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EconomyMacroeconomy Eurosystem funding drops by another 4.3 bln in July, largely on reduced ELA reliance Greek banks’ Eurosystem funding continued heading south for the thirteenth month in a row in July, when it decreased by 4.3 billion in July after a drop of 8.57 billion in June, the Bank of Greece's (BoG) monthly financial statement showed on Thursday.
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EconomyMacroeconomy
General govt primary cash surplus expands to 3.3 bln at end-June, arrears rise to 7.2 bln Greece’s general government (gg) primary cash surplus expanded considerably to 3.33 billion euros in the first half of 2016 from just 245 million in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Thursday.