-
Low-productivity economy a legacy of adjustment without transformation
-
BoG cautiously optimistic on economy and banking sector
-
S&P leaves Greece's 'BBB' rating unchanged, hints at slower pace of upgrades
-
Housing costs, food prices set limits to impact of tax cuts
-
Moody's keeps rating unchanged at 'Baa3' - outlook stable
-
Underspend and taxes push primary balance up to Aug 3.77 bln above target
Credit growth accelerates to 3.2 pct in May, led by loans to businesses
Credit movement in the Greek private sector was steady at 3.2 percent year-on-year (YoY) in May, from 2.8 percent in April, and 1.6 percent in March, Bank of Greece (BoG) figures released on Wednesday showed.
The growth in credit expansion had remained broadly stable after reaching a peak of 3.7 pct in February last year. The latest growth figure is the highest since March last year when growth stood at 2.9 percent.
You need a subscription to access our analysis. Please choose one of the packages available.
Full Access
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.
Free Access
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Standard Access
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 €530 per year.
€530.00