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Trade deficit narrowed by 30.5 pct YoY in Mar, down 7.2 pct in Q1
Led by lending to corporations, June credit growth of 4.5 pct is highest in a decade
Credit movement in the Greek private sector picked up pace in June, rising by 4.5 percent year-on-year (YoY), from 3.3 percent in May, and 2.8 percent in April, 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 with the latest figure for June being the highest credit growth since before the great deleveraging in the Greek banking sector as a result...
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