Industrial turnover rises by 7.7 pct in February
Feb current account deficit at 990.4 mln as services balance improves
Hirings balance positive by 43,737 in March
Primary cash balance at deficit of 34 mln in March
Eurosystem funding falls by 625 mln in Mar, banknotes in circulation rise by 12 mln
Travel balance rises by 9.2 pct to surplus of 13.90 bln in 2018
Credit contraction marginally decelerated to 3.9 pct in August
Credit contraction in the Greek market marginally decelerated to 3.9 percent year on year (yoy) in August from 4.0 percent in July with balances reaching 221.79 billion euros, according to the Bank of Greece (BoG). Loan balances eased 0.3 percent month on month (m-o-m) for the fifth consecutive month on stable mom net deductions at 823 million in August from 855 million in July. August negative flow mainly reflects corporate and household lending net deductions of 534 and 240 million respectively.
Loans to individuals & private non-profit institutions fell 3.6 percent yoy in August with balances reaching 102.9 billion. Monthly net deductions continued unabated in every month over the past 3.5 years with outflows easing to 240 million in August fr...
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