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).…
Greek private sector bank deposits rose in July for the third month in a row, although they remain at 14-year lows, central bank data showed on Monday.…
Figures released this week by the Greek finance ministry showed a significant lag in collected public revenues for last month, July 2017, compared with the target. Specifically,…
The Bank of Greece on Thursday announced that emergency central bank funding to Greece's systemic lenders was decreased by 3.3 billion euros (8.7 percent) in July 2017,…
Greece's central bank on Thursday announced that deposits in domestic banks by households and non-profit institutions increased by 771 million euros in June, compared with a decrease…
The Bank of Greece (BoG) this week announced that tourism arrivals in April 2017 were up by 12 percent compared with the corresponding month in 2016, with…
The Greek central government’s revenues were mostly on target during the first five months of 2017, with the benchmark now being the Medium-Term Fiscal Strategy – after…
Bank of Greece (BoG) Governor Yannis Stournaras reportedly promised institutional creditors that the board of directors of Greece’s four systemic banks will have been replaced by Oct.…
Real estate values in Greece have imploded, with the value of residential apartments down 41.4 percent over 2006-2016 period, Bank of Greece (BoG) vice president Theodoros Mitrakos…
The emergency liquidity assistance (ELA) from the European Central Bank was reduced by a further 100 million euros, announced the Bank of Greece on Wednesday. According to…
A new code of ethics for Greek banks is expected to boost efforts at reducing the “Olympus-sized” mountain of non-performing loans (NPLs) in the country, especially of…
In its overview of the domestic banking system, the Bank of Greece has issued a warning about the further rise in non-performing loans and called for an…
The Bank of Greece (BoG) this week revisited the still unresolved and pressing issue of non-performing loans (NPLs) in the country, referring to a continuing deterioration of…
