Travel balance down by 29 pct in April as receipts slump
April current account deficit at 1.34 bln as goods deficit grows
Industrial turnover rises by 6.7 pct in April for fourth positive reading
Primary cash surplus at 6.4 bln in year to date, expenditure rises during May
Turnover in services sector shows deteriorations in Q1 2018
Budget primary surplus at 1.54 bln in May on revenue rise, sharp investment underspend
Credit contracts at slower rate of 3.5 pct in May, balances down to 214.3 bln
The year on year (YoY) credit contraction in the Greek market further decelerated to 3.5 percent in May from 3.7 percent in April, with balances easing to 214.35 billion euros, according to the Bank of Greece (BoG).
Although the YoY drop is the slowest since April 2013, the monthly net deductions rose to 963 million euros in May from 674 million in April. The monthly figure is the highest over the past 12 months and is largely attributed to corporate lending net de...
If you are already registered, please sign in.
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read four of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.€450.00
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.