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Building activity down 15.2 pct in Feb for sharpest drop since 2020
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VAT and income taxes drive revenue and budget outperformance in April
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EC reports highlight tight fiscal path and economic challenges
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Travel surplus continues to grow in March, up 55 pct YoY in Q1
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Current account deficit widens to 2.4 bln in Mar, oil deficit more than doubles
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Industrial turnover posts slowest growth in 2 years, up 1.5 pct in March
Credit growth slows in Feb, loans balance stable at 113.35 bln
Credit movement in the Greek private sector decelerated further in February, still recording a rise of 4.8 percent year-on-year (YoY), from 5.7 percent in January, Bank of Greece (BoG) figures released on Monday showed.
After a previous peak of 3.7 percent growth in February 2021, credit expansion slowed down in the following months before resuming an upwards trend at the end of 2021. Last December’s growth was the highest since the summer of 2009.
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