Industrial turnover rises by 11.4 pct in May, staying positive for fifth consecutive month
June primary cash surplus at 6.49 bln as revenue increase offsets higher expenditure
Travel balance records 127 mln surplus in Q1, much improved on last year
Budget primary surplus at 617 mln in June as expenditure continues to fall below target
Building permits up by 1 pct in April and 5.2 pct in first four months of the year
Unemployment rate edges up to 20.2 pct in April as number of employed dips
Credit standards tougher in Q2, expected to tighten further
Credit standards for corporate loans tightened quarter on quarter (QoQ), according to the Bank of Greece (BoG) bank lending survey (BLS) for the second quarter (Q2) of 2015.
The BoG said the tightening is attributed to Greek bank liquidity conditions and difficulties in tapping money markets. Credit standards are anticipated to further tighten in Q3, BoG noted.
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