Credit in Greece contracts by 3.5 pct in August

EconomyMacroeconomy Tags: Banking, BoG, Loans

The rate at which credit to the Greek private sector is contracting slightly eased to 3.5 percent in August from 3.7 percent in July, according to the Bank of Greece (BoG).

Balances dropped 0.2 percent month on month (MoM) to 213.53 billion.

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