New tax debt up by 222 mln MoM in April, total for year at 2.44 bln
PMI drops to 46.8 points in July amid Covid-19 uncertainty
Retail turnover drops by 5.3 pct in May, volume drops by 5.8 pct
Economic sentiment at 90.8 in July, consumer confidence slips
Credit contraction in June comes to 0.4 pct
Deposits rise by 448 mln in June
Greek credit contracts again in April but at slightly lower rate of 3.7 pct
The year on year (YoY) credit contraction in the Greek market decelerated to 3.7 percent in April from 4.1 percent in March, with balances easing to 215.14 billion euros, according to the Bank of Greece (BoG).
Monthly net deductions slightly slipped to 674 million in April from 729 million in March. Two thirds of this month’s negative flow is attributed to corporates (487 million) and the remaining to household lending (182 million).
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