Credit contraction stays stable at 2 pct in June, net additions for first time this year

Industrial production rises by 4.2 pct in April thanks to growth in electricity supply 4 hours ago
CPI growth stable at 2.8 pct in May, food inflation gathers pace at 11.6 pct 5 hours ago
OECD ups growth outlook for 2023, warns about headwinds affecting demand and consumption 08/06/2023 - 11:28
Trade deficit narrows in April, though exports drop by 4.3 pct 07/06/2023 - 13:43
Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ 07/06/2023 - 12:39
Unemployment stays at 11.2 pct in Apr, youth jobless down by 5 points at 27.4 pct 01/06/2023 - 13:03

Credit contraction stays stable at 2 pct in June, net additions for first time this year

EconomyMacroeconomy 27/07/2016 - 15:38 Tags: Banking, BoG, Loans

Greek bank credit contraction remained stable at 2 percent in June, Bank of Greece (BoG) figures showed on Wednesday.

The lending flow turned positive for the first time in 2016 with net additions of 479 million euros in June from deductions of 357 million in May. June additions almost fully reflect a positive flow of 566 million in the corporate lending sector, while ...

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