Monthly credit flow turns positive in Feb for first time since June 2012

EconomyMacroeconomy Tags: Banking, BoG, Loans
Photo by MacroPolis
Photo by MacroPolis

Greek bank credit contraction slowed to 2.5 percent in February from 2.9 percent in January, according to the Bank of Greece (BoG).

The February rate is the lowest negative reading since November 2011.

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