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Deposits continue to slide in Feb as households and firms dip into savings -
Lending to corporations drives credit expansion of 3.8 pct YoY in Feb -
Small gains for building activity in Dec, up 7.1 pct in full 2023 -
Economic sentiment and consumer confidence gain ground in March -
Travel balance surplus more than doubles YoY in Jan -
Income tax and VAT revenues drive budget primary surplus to 3.38 bln in Feb
Greek corporate lending rates up to 250 bps higher than eurozone average
Greek households’ new time deposit rate fell by 10 basis points (bps) to 0.91 percent in February after remaining broadly stable in the preceding two months, Bank of Greece (BoG) figures showed on Monday.
The headline figure for February indicates a new low historical reading since Greece’s accession to the eurozone in 2002. It also points to a cumulative drop by 90 bps since last June when capital controls were imposed.
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