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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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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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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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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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Vehicle sales rise by 17.3 pct in Feb, led by passenger cars
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time had a strong growth rate of 21.2 percent year-on-year (YoY) in February, after an 8.6 percent rise in January, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday....
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Modest credit growth of 102 mln in Aug, led by lending to businesses
EconomyMacroeconomyThe credit expansion in the Greek private sector accelerated its pace further in August, rising by 6.9 percent year-on-year (YoY), from 6.4 percent in the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was...
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Credit growth stable at 7.4 pct YoY in March, led by business loans
EconomyMacroeconomyCredit expansion in the Greek private sector remained strong in February, rising by 7.4 percent year-on-year (YoY), from 7.6 percent the previous month, Bank of Greece (BoG) figures released on Wednesday showed. The net lending flow was positive by 2.39...
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Newsletter 14 - 06/02/2015
to the SYRIZA-led government, as is the collection of changes that it would be required to make in order... of Greece. For the whole year the time deposit rate recorded a drop of 100 bps on the end-2013... to many outside observers. Following a chaotic beginning to its first days in office, the SYRIZA-led
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