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Covid recession bumped pension spending to 18 pct of GDP in 2020
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Greece draws another 3 bln from bond markets as debt strategy continues at pace
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S&P upgrades Greece to 'BB' with positive outlook in expectation of post-pandemic upside
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BoG sees 4.2% recovery in 2021, re-emphasises need for bad bank
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PM unveils 'Greece 2.0' plan to use EU recovery funds, transform economy
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Greek 30-year bond attracts strong demand at attractive yield
Central bank points out signs of recovery in business lending
The signs of recovery in the provision of credit to businesses in the Greek economy were presented in Bank of Greece’s (BoG) annual report on Monday.
The stock of loans in the Greek banking system that was extended to businesses and households was reduced further in 2018 as deleveraging continues. The balance dropped by 1.4 percent compared to a reduction of 1.2 percent in 2017. The rate of reduction...
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