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…
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 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 in Greece decreased by 79 million euros in November 2018, a figure that, nevertheless, was still better than a decrease of 346 million euros…
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…
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…
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…
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…
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…
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…
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…
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 -…
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…
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,…
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…
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…
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,…
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…
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…
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).…
