Tag: BoG

BoG monetary report: Greece will miss fiscal, growth targets for 2019
FINANCE
shares81 views
FINANCE
shares81 views

BoG monetary report: Greece will miss fiscal, growth targets for 2019

Panos - Jul 02, 2019

The Bank of Greece (BoG) on Monday again sent "shock waves" through the outgoing Tsipras government's economic policy and ministers' frayed nerves, this time warning that a…

BoG: Progress in reducing NPLs, mixed picture in other indexes affecting Greek banks
FINANCE
shares58 views
FINANCE
shares58 views

BoG: Progress in reducing NPLs, mixed picture in other indexes affecting Greek banks

Panos - Jun 19, 2019

A Bank of Greece (BoG) review for the country's banking sector in 2018 notes that it remains in a "recovery orbit", as an official exit from the…

Bank of Greece: “Alarm bells” for this year’s surplus
FINANCE
shares86 views
FINANCE
shares86 views

Bank of Greece: “Alarm bells” for this year’s surplus

Panos - Jun 13, 2019

The Governor of the Bank of Greece, Yiannis Stournaras characterized the target for a primary surplus of 3.5% for this year as “unattainable”. Speaking at an investment…

Primary budget surplus of 1.4 bln€ in April 2019
FINANCE
shares96 views
FINANCE
shares96 views

Primary budget surplus of 1.4 bln€ in April 2019

Panos - May 28, 2019

The Greek state posted a primary budget surplus of 1.463 billion euros in April 2019, up from a 670-million-euro deficit target, and compared to a 1.8-billion-euro primary…

BoG Gov.: No fiscal space left in 2019 for more benefits
FINANCE
shares115 views
FINANCE
shares115 views

BoG Gov.: No fiscal space left in 2019 for more benefits

Panos - May 16, 2019

Bank of Greece (Gov) Yannis Stournaras sounded warning bells over the current Tsipras government pre-election measures, saying there is no “fiscal space” this year for further benefits…

Latest ΒoG forecast for Greek GDP in 2019 at 1.9%; address by central banker Stournaras
FINANCE
shares165 views
FINANCE
shares165 views

Latest ΒoG forecast for Greek GDP in 2019 at 1.9%; address by central banker Stournaras

Panos - Apr 02, 2019

The Bank of Greece (BoG) on Monday revised, downwards, it forecast for Greek GDP growth in 2019, at under 2 percent annually. The forecast in the budget…

BoG: Higher balance of travel services, revenues in Jan. 2019
FINANCE
shares165 views
FINANCE
shares165 views

BoG: Higher balance of travel services, revenues in Jan. 2019

Panos - Mar 26, 2019

A significant increase in the surplus balance of travel services was reported on Friday by the Bank of Greece, fuelled mostly by increased revenues. A hike in…

Bank of Greece: 1,5% rise in 2018 in house prices for the first time since 2009
FINANCE
shares158 views
FINANCE
shares158 views

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
FINANCE
shares256 views
FINANCE
shares256 views

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
FINANCE
shares216 views
FINANCE
shares216 views

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
FINANCE
shares197 views
FINANCE
shares197 views

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
FINANCE
shares196 views
FINANCE
shares196 views

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
FINANCE
shares244 views
FINANCE
shares244 views

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
FINANCE
shares231 views
FINANCE
shares231 views

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
FINANCE
shares346 views
FINANCE
shares346 views

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€
GREECE
shares281 views
GREECE
shares281 views

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
FINANCE
shares298 views
FINANCE
shares298 views

‘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
FINANCE
shares460 views
FINANCE
shares460 views

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
GREECE
shares246 views
GREECE
shares246 views

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
FINANCE
shares591 views
FINANCE
shares591 views

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…