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Credit growth accelerates to 3.2 pct in May, led by loans to businesses
EconomyMacroeconomyCredit movement in the Greek private sector was steady at 3.2 percent year-on-year (YoY) in May, from 2.8 percent in April, and 1.6 percent in March, Bank of Greece (BoG) figures released on Wednesday showed. The growth in credit expansion had remained ...
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Led by lending to corporations, June credit growth of 4.5 pct is highest in a decade
EconomyMacroeconomyCredit movement in the Greek private sector picked up pace in June, rising by 4.5 percent year-on-year (YoY), from 3.3 percent in May, and 2.8 percent in April, Bank of Greece (BoG) figures released on Wednesday showed. The growth in credit expansion ha...
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Deposit outflow at 550 mln in Oct, led by a decline in corporates
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system in October turned negative with a drop of 550 million euros, after a rise of 2.26 billion euros in September, based on Bank of Greece (BoG) figures released on Monday. After six months ...
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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-on-year (YoY), from 5.3 percent in October, and 6 percent in September, Bank of Greece (BoG) figures released on Thursday showed. The growth in credit expa...
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Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit of 3.43 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. In the firs...
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Vehicle sales rise 8.3 pct YoY in Aug, led by new passenger cars
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time grew by 12.3 percent year-on-year (YoY) in August, after a 9.2 percent rise in July, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. In August 2022, the year-on...
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Led by lending to corporations, pace of credit growth rises to 2.1 pct in Sep
EconomyMacroeconomyThe credit expansion in the Greek private sector picked up pace in September, rising by 2.1 percent year-on-year (YoY), from 0.9 percent in August, Bank of Greece (BoG) figures released on Wednesday showed. At 6.3 percent, last December’s growth was the...
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Vehicles market grows strongly by 38.9 pct, led by new passenger cars
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time picked up further pace in October, growing strongly by 38.9 percent year-on-year (YoY), after a 15.6 percent rise in September, according to Hellenic Statistical Authority (ELSTAT) data relea...
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Pace of credit growth picks up in Nov, at 2.8 pct, led by loans to insurance companies
EconomyMacroeconomyThe credit expansion in the Greek private sector slightly picked up pace in November, rising by 2.8 percent year-on-year (YoY), up from 2.1 percent in October, Bank of Greece (BoG) figures released on Tuesday showed. At 6.3 percent, last December’s grow...
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Credit growth accelerates to 3.6 pct in Dec, led by loans to corporations
EconomyMacroeconomyThe credit expansion in the Greek private sector slightly picked up pace in December, rising by 3.6 percent year-on-year (YoY), up from 2.8 percent in November, Bank of Greece (BoG) figures released on Friday showed. At 6.3 percent, last December’s grow...
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