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reportedly promised institutional creditors that the board of directors of Greece’s four systemic banks will have been replaced by Oct.…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…
The Bank of Greece on Thursday announced that the current account showed a deficit of €412 million in May 2016, up by €272 million year-on-year. According to…
Greece’s creditors have approved a series of initiatives devised by the Bank of Greece aimed at relaxing the capital controls which are currently in place. The Governor…
In its Monetary Policy Report for 2015-2016 that was submitted in Parliament on Wednesday morning, the Bank of Greece underlines the need to reduced the primary surplus…
