Reuters

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Greek PM, Merkel discuss Turkey, migrants' moves towards Greek borders

Greek Prime Minister Kyriakos Mitsotakis discussed the situation in Turkey and the movement of migrants towards Greek borders during a call with German Chancellor Angela Merkel, the prime minister's office said.

Mitsotakis briefed Merkel over Greece's initiatives, it said. [Reuters]

Private sector bank deposits drop in January

Greek private sector bank deposits fell in January after a rise in December, central bank data showed on Thursday.

Businesses and household deposits dropped to 141.15 billion euros from 143.14 billion in December, Bank of Greece data showed.

Greek banks have seen deposit inflows over the space of more than two years.

Greek bonds 
lead sell-off

Eurozone money markets started to fully price in a December European Central Bank interest rate cut on Wednesday, as the spread of the new coronavirus outside China pushed traders to ramp up expectations for more stimulus.
Greek government bonds led a Southern European sell-off as the risk-off tone prevailed on Wednesday.

Greek current account deficit shrinks in December

Greece's current account deficit shrank in December 2019 compared with the same month a year earlier, the Bank of Greece said on Thursday.

Central bank data showed the deficit was 0.54 billion euros ($582.98 million), down from 1.514 billion euros in December 2018. Tourism revenues increased to 289 million euros from 272 million in the same month in 2018.

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