Tag: BoG

Bank of Greece: 1,5% rise in 2018 in house prices for the first time since 2009
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Bank of Greece: 1,5% rise in 2018 in house prices for the first time since 2009

Panos - Mar 06, 2019

After a long period of decline that began in early 2009, the housing market first reported a positive sign in 2018, with prices rising by 1.5% for…

ΒοG: Greek current account deficit in 2018 reaches 5.3 bln€; up 68% yoy
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ΒοG: Greek current account deficit in 2018 reaches 5.3 bln€; up 68% yoy

Panos - Feb 21, 2019

The Bank of Greece (BoG) on Tuesday reported a significant worsening of the country's current accounts deficit for 2018, with the figure increased by 68 percent (yoy)…

Private sector deposits continue to slide in Greece in Nov. 2018
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Private sector deposits continue to slide in Greece in Nov. 2018

Panos - Jan 07, 2019

Private sector deposits in Greece decreased by 79 million euros in November 2018, a figure that, nevertheless, was still better than a decrease of 346 million euros…

Private sector deposits continue to slide in Greece in Nov. 2018
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Private sector deposits continue to slide in Greece in Nov. 2018

Panos - Jan 04, 2019

Private sector deposits in Greece decreased by 79 million euros in November 2018, a figure that, nevertheless, was still better than a decrease of 346 million euros…

BoG finally unveils long-expected proposal to reduce ‘bad debt’ held by Greek banks
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BoG finally unveils long-expected proposal to reduce ‘bad debt’ held by Greek banks

Panos - Nov 23, 2018

The Bank of Greece (BoG) on Thursday unveiled its long-expected proposal to better manage “bad debt” weighing heavily on Greece’s thrice recapitalized banking sector, formally proposing the…

BoG points to higher residential property prices in Q3 2018, by 2.5% yoy
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BoG points to higher residential property prices in Q3 2018, by 2.5% yoy

Panos - Nov 13, 2018

The Bank of Greece (BoG) on Monday released a report showing that residential prices in the country increased by 2.5 percent, on average, in Q3 2018, compared…

BoG: 910-mln€ deficit in current accounts for Jan-Aug 2018 period
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BoG: 910-mln€ deficit in current accounts for Jan-Aug 2018 period

Panos - Oct 23, 2018

A deficit of 910 million euros in current accounts, increased by 857 million euros, was reported (yoy) on Monday by the Bank of Greece (BoG) for the…

Greek state allocates 914 mln€ in Aug. 2018 to cover arrears to private sector
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Greek state allocates 914 mln€ in Aug. 2018 to cover arrears to private sector

Panos - Sep 21, 2018

The Greek state and various general government entities allocated 914 million euros last month to cover arrears to the private sector, with the overall arrears figure dropping…

BoG: Central govt cash balance in Jan-Aug 2018 period posts deficit of 2.616 bln€
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BoG: Central govt cash balance in Jan-Aug 2018 period posts deficit of 2.616 bln€

Panos - Sep 20, 2018

The Bank of Greece (BoG) on Thursday announced that the central government's cash balance over the Jan-Aug 2018 period posted a deficit of 2.616 billion euros, compared…

‘Bad loans’ held by Greek banks reduced in June 2018
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‘Bad loans’ held by Greek banks reduced in June 2018

Panos - Sep 07, 2018

Greek banks continued to reduce their exposure to “bad loans” in the second quarter of 2018, according to figures released by the Bank of Greece (BoG) on…

Greek current accounts deficit of €3.8 billion in H1 2018
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Greek current accounts deficit of €3.8 billion in H1 2018

Panos - Aug 22, 2018

The Bank of Greece this week released balance of payments figures for up until June 2018, which showed a signficant increase in the current account deficit for…

BoG Gov.: Markets will shun Greece if reforms abandoned; 3rd bailout could have been avoided
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BoG Gov.: Markets will shun Greece if reforms abandoned; 3rd bailout could have been avoided

Panos - Aug 20, 2018

Influential Greek central banker Yannis Stournaras, a standing "thorn in the side" of the current leftist-rightist coalition government, again cautioned against complacency and overly optimistic scenarios -…

BoG: Primary budget surplus of two bln€ in Jan-Feb 2018
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BoG: Primary budget surplus of two bln€ in Jan-Feb 2018

Panos - Mar 20, 2018

The Bank of Greece (BoG) on Monday announced that the central government cash balance recorded a surplus of 843 million euros over the first two months of…

BoG Gov, ECB’s Nouy discuss NPLs afflicting Greek banking system
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BoG Gov, ECB’s Nouy discuss NPLs afflicting Greek banking system

Panos - Mar 01, 2018

Bank of Greece (BoG) Gov. Yannis Stournaras on Wednesday received the chairwoman of the supervisory board at the European Central Bank (ECB) and SSM chief Danièle Nouy,…

BoG says proposed Greek ‘bad bank’ would cost five billion euros
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BoG says proposed Greek ‘bad bank’ would cost five billion euros

Panos - Feb 28, 2018

Prospects for creating a "Bad Bank" in Greece as part of efforts to tackle nearly 100 billion euros in non-performing loans (NPLs), as well as the cost…

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BoG: 2017 a record-breaking year for travel receipts, arrivals to Greece

Panos - Feb 23, 2018

Travel receipts for Greece increased by 10.5 percent in 2017, compared to 2016, reaching 14.596 billion euros, while the number of visitors to the country also increased…

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BoG: Greece’s travel receipts reach 14.41 bln€ over Jan-Nov 2017 period

Panos - Jan 24, 2018

The balance of travel services increased in November 2017 by 81.4 percent compared to the corresponding month in 2016, the Bank of Greece (BoG) announced on Tuesday,…

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Greek state primary budget surplus at 4.658 bln euros over Jan-Nov 2017

Panos - Dec 15, 2017

The Greek state budget posted a primary surplus budget of 4.658 billion euros over the Jan-Nov 2017 period, down from a figure of 5.757 billion euros over…

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ECB lowers ELA ceiling for Greek banks

Panos - Oct 27, 2017

The Bank of Greece (BoG) on Thursday announced that the European Central Bank’s governing council did not object to an ELA-ceiling for Greek banks set at 28.6…

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Tourism revenue over 7 billion Euros, BoG provisional data shows

Panos - Sep 21, 2017

Greek tourism recorded a double-digit rise in arrivals for the month of July, according to provisional balance of payments data released by the Bank of Greece (BoG).…