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Greek credit contracts again in April but at slightly lower rate of 3.7 pct
EconomyMacroeconomyThe year on year (YoY) credit contraction in the Greek market decelerated to 3.7 percent in April...) and the remaining to household lending (182 million). The credit breakdown shows that loans to individuals..., consumer credit contracted 2.9 percent to 27.94 billion with net deductions narrowing to 36 million
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Credit contraction eases to 0.9 pct in August
EconomyMacroeconomyThe pace of credit contraction in the Greek market slowed slightly in August, easing to 0.9 percent... lending sectors, respectively. Credit to non-financial corporations showed deductions of 204.1 million euros, with the balance easing further to 82.61 billion euros. Credit to insurance corporations
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Credit expansion slows to 0.7 pct in Sep as loans to enterprises lead way
EconomyMacroeconomyCredit movement in the Greek private sector increased by 0.7 percent year-on-year (YoY.... The growth in credit expansion continues to slow after reaching a peak of 3.7 pct growth this February..., from negative of 190 million in August, taking the balance to 65.63 billion euros. Flow of credit
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Lending to corporations in Sep thrusts credit expansion to highest rise since 2009
EconomyMacroeconomyCredit movement in the Greek private sector gathered more pace in September, rising by 6 percent... (BoG) figures released on Wednesday showed. The growth in credit expansion had remained broadly... is the highest credit growth since August 2009, when it increased by 6 pct, before the debt crisis forced
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Nov sees 5 pct rise in loans, led by corporations and consumer credit
EconomyMacroeconomyCredit movement in the Greek private sector slightly slowed in November, rising by 5 percent year... released on Thursday showed. The growth in credit expansion had remained broadly stable after... credit growth at levels not seen since the summer of 2009, before the debt crisis forced Greek lenders
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Newsletter 353 - 30/09/2022
. Credit balance Credit movement in the Greek private sector gathered more pace in August, rising by 5.8 percent year-on-year (YoY), from 5.5 percent year-on-year in July and 4.5 percent rise in June. The figure for August represents the highest credit growth since before the great deleveraging
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Whether an "early" or "clean" exit, it's the same old story for Greece
Agora, review of the current programme last June, Tsipras and his ministers have had their eyes on the prize... about whether a precautionary credit line is needed or the fact that demanding fiscal targets... the idea of an enhanced conditions credit line (ECCL). The Greek public was also unimpressed as it had
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Budget primary surplus confirmed at 2.5 bln in H1 2016, tax revenues soar in June
EconomyMacroeconomythe target by 3.5 billion on the back of strong, albeit slower in June, primary underspend of 2.1... (before tax refunds) surged 33.6 percent in June, after rising by 15.9 percent in May, while tax revenues climbed 38.8 percent. In absolute figures, revenues reached 3.96 billion euros in June, which
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Newsletter 175 -21/09/2018
billion are classified as non-performing at the end of June. Under the current ECB Single Supervisory... remains high, at 14.4 percent of NPEs in June 2018 compared to 13.8 percent in March. The highest level..., transactions by credit or debit cards came to around 5 percent of GDP. By 2017, the year for which
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Newsletter 260 -31/07/2020
confidence indicator rose by 24.1 points to -31.7 points. Credit contraction at 0.4 pct June figure... June 2015 and May 2016. The payment will be made over the next six months, and having received... credit rating to ‘BB’ on Friday night, maintaining the stable outlook. Fitch was the last rating
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