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Deposits edged up in Nov but credit contraction was close to 4 pct
EconomyMacroeconomy, for the first time since May, with balances reaching 161.04 billion euros, according to the Bank of Greece..., is seen trimming deposit balances in the next months until recession bottoms out and the long-awaited... marginally decelerated to 3.8 percent in November from 3.9 percent in October, with balances reaching
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Credit down by 3.2 pct in Oct for lowest contraction since Dec 2011
EconomyMacroeconomyDecember 2011. Balances slipped for the fourth successive month by 0.1 percent month on month (MoM... institutions eased 3 percent from 2.9 percent in the preceding 3 months. Balances dropped by 475 million... 3.1 percent in September. Balances eased to 69.67 billion euros, while monthly net deductions
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Newsletter 423 - 17/05/2024
narrative of economic success was also questioned by the data presented by Cerved Property Services... close to 5,800 euros to be serviced annually.MacroeconomyCharts of the weekCPI The growth of Greek... offset by increases in the prices of rentals for dwellings, services for the repair and maintenance
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Credit contraction marginally decelerated to 3.9 pct in August
EconomyMacroeconomy) in August from 4.0 percent in July with balances reaching 221.79 billion euros, according to the Bank of Greece (BoG). Loan balances eased 0.3 percent month on month (m-o-m) for the fifth consecutive... with balances reaching 102.9 billion. Monthly net deductions continued unabated in every month over the past
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Deposits up again in December but credit contraction continues apace
EconomyMacroeconomymonth in December with balances reaching 163.25 billion euros, according to the Bank of Greece (BoG..., with balances reaching 217.92 billion euros, according to the BoG. Loan balances eased 0.5 percent... in December with balances reaching 100.82 billion. Monthly net deductions fell to 139 million from 294
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Greek deposits down 0.3 pct in Feb, credit contraction stable
EconomyMacroeconomyGreek private sector deposits fell 0.3 percent month on month (MoM) in February, with balances... in the Greek market remained stable at 4 percent in February for the second month in a row, with balances reaching 216.64 billion euros, according to the Bank of Greece (BoG). Loan balances eased 0.4
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Credit in Greece contracts by 3.5 pct in August
EconomyMacroeconomyin August from 3.7 percent in July, according to the Bank of Greece (BoG). Balances dropped 0.2.... Balances further slipped to 99.18 billion euros, remaining below the 100-billion mark for the fourth.... The August figure is the third lowest reading so far this year. Housing loan balances declined 3 percent
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Contraction in Greek credit eases slightly to 3 percent in November
EconomyMacroeconomyfigures were the lowest negative reading since November 2011. Balances eased for the fifth consecutive..., broadly similar to the contraction rates recorded since May 2014. Balances fell by 0.4 percent MoM... percent, with balances landing at 26.28 billion. The monthly flow remained negative. It dropped to 33
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Greek credit contracts by 3.1 pct in December
EconomyMacroeconomynegative reading since November 2011. Lending balances continued heading south for the sixth... slipped by 2.9 percent, unchanged from the previous month. Balances fell by 180 million MoM to 97.1... percent in December from 2.5 percent in November. Balances eased to 26.23 billion on marginal net
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Chasing investment, the Greek dream
Agorafor all types of economic activity, it is was domestic and foreign demand for products and services... billion euros, with a decent chunk of those not being serviced. The non-performing exposure
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