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Deposits drop of 2.13 bln in Oct driven by businesses
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Credit growth slows to 7.8 pct YoY in Oct
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Construction continues recovery in Aug, down 8.4 pct YoY over 8 months
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Economic sentiment slides in Nov, consumer confidence drops sharply
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Oct budget execution data affirms strong revenue performance
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Property prices continue to climb in Q3, reaching record high
Deposit flow turns negative with outflows of 681 mln in Oct
Greek private sector deposit flow turned negative, with outflows of 681 million euros in October after the upward revised inflows of 561 million recorded in September, Bank of Greece (BoG) data showed on Thursday.
This is the first negative reading since July after cumulative inflows of 1.01 billion posted in the preceding two months. As a result, the outstanding amount of deposits fell accordingly to 121.08 billion.
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