Friday Jan 30, 2015 Search
Weather | Athens
16o C
13o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Greek bank deposits drop slightly in January

Greek business and household bank deposits dropped slightly in January, pausing a four-month increase, central bank data showed on Wednesday.

Reduced uncertainty over the country's future in the eurozone led to deposit inflows in the last months of 2012 with December registering the biggest monthly inflow in four years, helping to ease Greek banks' liquidity strains.

Bank of Greece data showed deposits fell 0.3 percent to 160.97 billion euros at the end of January from 161.45 billion in December.

Banks lost about a third of their deposits after the country's debt crisis erupted in late 2009, partly due to capital flight on fears of a eurozone exit.

The shrinking deposit base added to strains on Greek lenders, which lost access to international funding markets and have come to depend on central bank funding for their liquidity.

Since hitting a bottom in June 2012, 10.4 billion euros have returned to the banking system. [Reuters]

ekathimerini.com , Wednesday February 27, 2013 (15:02)  
Greece to cancel gas utility sale, opposes Canadian gold mine
Berlin: Greek aid extension only makes sense if Athens upholds reforms
Pimco says Greek bonds illiquid, volatile until accord reached
Draghi deflation challenge underlined as prices plunge by record
Greece sets up cash crunch for March telling EU its over
Finance Minister Yanis Varoufakis said Greece wont seek an extension of its bailout agreement, setting the government on course to enter March without a financial backstop for the first tim...
Greece warned against reversing bailout deals
The head of the Eurogroup warned on Friday that Greece could not ignore its international obligations, after a first meeting with the new anti-austerity government which wants to renegotiate...
Inside News
SOCCER
Olympiakos draws AEK in Cup quarterfinals
The dream draw of Olympiakos vs AEK in the quarterfinal materialized on Friday, as two of the capital's three giants will face off in a two-leg tie for a place in the semifinals of the Greek...
BASKETBALL
Below-par Olympiakos succumbs to Efes
The winning streak of Olympiakos in the second group stage of the Euroleague ended on Thursday in Turkey, as Anadolu Efes outclassed the Reds in the second half to win 84-70. Olympiakos had ...
Inside Sports
INTERVIEW
SYRIZA must come up with pragmatic solutions, Schulz tells Kathimerini
SYRIZA must realize that it is now the Greek government, not a party running an election campaign, European Parliament President Martin Schulz, the first European official to visit Greece ...
COMMENTARY
Strange haste
The members of the new government must have a lot of confidence in themselves. Several days before announcing his program, Prime Minister Alexis Tsipras and his cabinet have opened up a mult...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Greece sets up cash crunch for March telling EU its over
2. Greece warned against reversing bailout deals
3. Germany rejects notion of Greek debt write-off
4. Eurogroup chief warns Greece against ignoring deals done under bailout
5. New Greek PM to visit Cyprus on first foreign trip
6. No plan for when Greeces bailout ends, Dijsselbloem says
more news
Today
This Week
1. SYRIZA must come up with pragmatic solutions, Schulz tells Kathimerini
2. Why Greece went left while Europe turns to right
3. Capital flees Greece at fastest pace since 2011
4. Greek government's signals very mixed, ECB's Jazbec says
5. Monastiraki restaurant fire prompts panic, restricted before spread
6. EU's Schulz: Greece should follow EU line on Russia
Today
This Week
1. Greek Elections 2015 | LIVE
2. SYRIZA heads for historic victory but without majority
3. Greek Elections 2015 | LIVE
4. Greek Elections 2015: The day after | LIVE
5. SYRIZA's win will test institutions
6. Poll shows SYRIZA leading ND by 4 pct
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.