The Bank of Greece on Monday lowered growth prospects for 2019 to 1.9 pct, from a previous forecast of 2.3 pct and said that the country's GDP grew by 1.9 pct in 2018, down from an initial 2.1 pct growth rate.
Bank of Greece (BoG)
The Bank of Greece (BoG) will transfer to the government a total of 644.3 million euros from the earnings of the financial year ending 31.12.2018, it announced on Monday.
The number of people that travelled to Greece in 2018 rose to 30.12 million, reflecting a 10.8 pct increase in inbound traveller flows, up from 27.194 million in 2017, according to figures published on Thursday by the Bank of Greece (BoG).
Greek banks are concerned about the prospect of the full lifting of the capital controls, as they would prefer that they remain in place for the time being.
Deposits placed by households and enterprises in Greek banks grew by 3.1 billion euros in December, totaling 134.5 billion euros, the Bank of Greece said in a report released on Monday.
The Greek hotel sector in the 2010-2017 period contributed to Greece’s economy both in terms of employment and Gross Value Added (GVA), the Bank of Greece (BoG) said in its Interim Report on Monetary Policy 2018 that was released recently.
The Bank of Greece submitted its Interim Report on Monetary Policy 2018 to the Greek Parliament and the Cabinet: Continuing the reform effort is a necessary condition for growth and a sustainable market return of the Greek State
Τhe Bank of Greece on Thursday presented a plan to reduce Greek banks’ non-performing loans by up to 47 pct. The plan envisages the transfer of deferred tax worth 7.5 billion euros to a special purpose vehicle (SPV) and of NPLs worth 40…
Greek current account balance showed a deficit of 1.3 billion euros in the January-September period, from a surplus of 228 million euros in the same period in 2017, the Bank of Greece said on Tuesday.
The Bank of Greece is drafting a plan to reduce Greek banks' non-performing loans by 40 billion euros. The plan will be included in a Financial Stability report to be released by the end of the week, according to sources.