Bank of Greece

Current account deficit shrinks in March, y-o-y

Greece's current account balance showed a smaller deficit in March compared to the same month last year, on the back of improved trade and primary income account balances that offset a smaller services surplus, the Bank of Greece said on Thursday.
Central bank data showed the deficit at 1.106 billion euros from a deficit of €1.538 billion in March 2019.

'Optimistic' Finance Ministry scenario sees recession at 4.7 pct

The Finance Ministry's estimates about the impact of the coronavirus on the Greek economy this year are at the optimistic end of the range of projections expressed to date and near those of the Bank of Greece, according to the Stability Program Athens submitted to the European Commission last Thursday.

Greek private sector bank deposits up in March for second month in a row

Greek private sector bank deposits rose in March for the second month in a row, central bank data showed on Wednesday.

Business and household deposits increased to 145.08 billion euros ($157.44 billion) from 142.24 billion in February, Bank of Greece data showed.

Current account gap widens in February, tourism revenue rises

Greece's current account balance showed a larger deficit in February compared to the same month last year, on the back of a wider trade gap and a deteriorated balance in the primary income account, the Bank of Greece said on Tuesday.
Central bank data showed the deficit at 1.138 billion euros ($1.23 billion) from a deficit of 1.015 billion euros in February 2019.

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