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Credit contraction at 0.1 pct in Jul, balance at 160.33 bln
EconomyMacroeconomyCredit contraction in the Greek market edged down to 0.1 percent in July from 0.2 percent in June... with outflows of 721 million euros following positive inflows of 936 million euros in June. The corporate... to inflows of 1.05 billion euros in June. This took the balance to 75.01 billion euros from 75.65
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Greek deposits down 0.3 pct in Feb, credit contraction stable
EconomyMacroeconomyof 89 billion recorded from the beginning of 2010 until June 2012, when the last general elections... attributed to higher interbank lending. Credit contraction The year on year (YoY) credit contraction... non-performing loans and the ongoing recession are the key reasons for the continued negative credit
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Greek credit falls by 2.9 pct in Jan as lending balances reach 214 bln
EconomyMacroeconomyGreek bank credit contracted by 2.9 percent year on year (YoY) in January, which is slightly slower... to 94.5 million in January, which is the lowest reading since June 2012. The negative flow reflects... credit remained stable at 2.8 percent YoY with balances easing to 26.14 billion on net deductions
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Credit flow turns negative in July with outflow for corporations at 1 bln
EconomyMacroeconomyThe credit expansion in the Greek private sector kept up its recent pace in July, rising by 6.4... movement of 3.31 billion euros euros in June, with a mixed flows picture over the last few months... was negative by 1.07 billion euros, after a rise of 3.16 billion euros in June. Within corporate
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CPI falls by 1.6 pct YoY in June
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 1.6 percent year-on-year (YoY) in June compared.... The average CPI for the rolling 12 months fell by 0.3 percent. Month-on-month, the CPI for June... that the core index fell by 1.4 percent in June compared to an increase of 0.4 percent in May
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Credit contraction slows to 1.5 pct in Sept on marked drop in corporate loan deductions
EconomyMacroeconomyBank credit contraction slightly decelerated to 1.5 percent in September from 1.6 percent in August... at 207 million with the 9-month figure close to 2 billion. The decline in consumer credit accelerated... million. Bank credit in the Greek market entered into negative territory for the first time
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Technical talks progress but debt relief, credit line continue to grate
EconomyProgrammecredit line after the programme ends in August. Monday’s meetings reportedly focussed on electronic... and that Greece can complete the vast majority of the prior actions by June 15. It is accepted that some... of whether the Fund will take part in the programme has to be put to its board soon. Credit line
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Deposits up again in December but credit contraction continues apace
EconomyMacroeconomydue to general government outflows of 2.6 billion. Since the June 2012 elections, deposit inflows... the beginning of 2010 until June 2012. The bulk of deposits that returned to Greek banks stems from time... funding purposes). Credit contraction At the same time, the year on year (yoy) credit contraction
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Credit contraction slows to 1.6 pct in July, loan deductions jump to 638 mln
EconomyMacroeconomyin consumer credit for the second straight month at 5.8 million in July from almost zero in June...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. The July headline figure represents
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Newsletter 67 - 18/03/2016
from faultless since he took the job last August. To his credit, he openly acknowledges the errors... with experience of managing humanitarian crises (unlike Greek authorities) are given the space to do... on the dire conditions at the Idomeni camp on Greece’s border with FYROM, which he visited briefly
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