Tag: BoG

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).…

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Bank Deposits Rise in July for Third Month in a Row

Panos - Aug 29, 2017

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.…

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Greek budget execution: July 2017 revenues lag behind target by 729 mln€

Panos - Aug 17, 2017

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,…

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BoG: ELA funding towards Greek banks down by 3.3 bln€ in July 2017

Panos - Aug 11, 2017

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,…

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BoG: Bank deposits in Greece up by 771 mln€ in June

Panos - Jul 28, 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…

BoG: Tourism arrivals, revenues up in April 2017, compared with April 2016
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BoG: Tourism arrivals, revenues up in April 2017, compared with April 2016

Panos - Jul 18, 2017

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…

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Greek central govt revenues, surplus on target during first 5-month period of 2017

Panos - Jun 15, 2017

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…

BoG Gov. reportedly promises creditors new bank managements by Oct. 31
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BoG Gov. reportedly promises creditors new bank managements by Oct. 31

Panos - Oct 24, 2016

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.…

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BoG: Greek real estate values, leasing revenue imploded during crisis

Panos - Oct 21, 2016

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…

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Bank of Greece: ELA ceiling for banks reduced by €100 million

Panos - Oct 05, 2016

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…

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BoG unveils new code of ethics for NPLs

Panos - Aug 03, 2016

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…

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Bank of Greece warns of a rise in non-performing loans in 2016

Panos - Jul 28, 2016

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…

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BoG report: Nearly one in two loan portfolios now falls into NPL category

Panos - Jul 27, 2016

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…