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Industrial production accelerates to 3.9% YoY in May, led by electricity supply
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
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Pension policy U-turn highlights government’s election concerns
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Jobs in tourism push May hiring balance upwards
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PBO sees resilience in economy, revises growth outlook slightly down
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Unemployment slides to 8.1% in May as male and youth rates improve
Bank credit eases 1.6 pct in August on slightly accelerating negative flow
Following a deceleration in the preceding four months, Greek bank credit contraction resumed a slightly accelerating trend at 1.6 percent in August from 1.5 percent in July, Bank of Greece (BoG) figures showed on Friday.
Loans to sole proprietors fell by 0.6 percent in August to 13.5 billion euros with the lending flow remaining negative for the second straight month at around 20 million. Since the beginning of the year, net deductions in this segment reached 77 million...
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