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Business loans and consumer credit drive 6% YoY expansion in September
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Corporations raise private sector deposits to highest level since March 2010
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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
Credit contraction slows to 1.6 pct in July, loan deductions jump to 638 mln
Credit contraction in the Greek banking market decelerated to 1.6 percent in July from 2 percent in June, Bank of Greece (BoG) figures showed on Friday.
Meanwhile, the net additions of 479 million euros in June turned to net deductions of 638 million in July, the highest negative reading since March 2015.
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