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CPI accelerates to 2.6 pct YoY in Dec, food prices rise by 3.6 pct
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Growth of industrial production slows to 2.6 pct YoY in Nov
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Trade deficit narrows by 15.1 pct YoY in Nov
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Economic sentiment rises in Dec despite sharp drop in retail trade
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Households drive Nov deposits rise as total reaches 207 bln
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Credit expansion still solid in Nov as it rises by 7.2 pct YoY
BoG stresses need to avoid putting investment grade at risk
In its latest financial stability report published on Thursday, the Bank of Greece highlights the progress achieved in domestic banking and notes the challenges that lie ahead for the sector and the Greek economy.
The BoG notes that key metrics in Greek banking improved considerably, led by the drop in the NPE stock and ratio, to 8.7 pct of loans in the end of 2022, assisted by the Hercules APS. That said, the issue remains more acute in Greece, compared to a Eur...
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