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Building activity contracts by 8.3% YoY in July
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VAT continues to drive budget performance in Sep, at 1.4 bln euros above target
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Greece heads for another record tourism season after strong August receipts
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Energy and capital goods drive 17.8% YoY rise in industrial turnover for Aug
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Strong fiscal performance meets hard spending limits
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Taxes continues to drive budget outperformance in September
Credit growth at 2.1 pct in Oct, but flow negative by 856 mln
The credit expansion in the Greek private sector was stable in October, rising by 2.1 percent year-on-year (YoY), unchanged from September, Bank of Greece (BoG) figures released on Tuesday showed.
At 6.3 percent, last December’s growth was the highest since the summer of 2009, however, the trend had been moderating since.
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