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Credit contraction at 0.3 pct in November, balance at 155.53 bln
EconomyMacroeconomyCredit contraction in the Greek market came to 0.3 percent in November from 0.2 percent in October... from 74.55 billion. Within corporate lending, the balance of credit to non-financial corporations.... The latest month’s reading took the balance to 68.08 billion. Credit to insurance corporations showed
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Credit contraction in June comes to 0.4 pct
EconomyMacroeconomyCredit movement in the Greek private sector contracted by 0.4 percent in June after an increase... corporate lending, the balance of credit to non-financial corporations was positive by 250 million euros. The balance stood at 66.97 billion. Credit to insurance corporations showed a net monthly inflow
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Credit growth in March slows to 2.9 pct; monthly inflow 403 mln
EconomyMacroeconomyCredit movement in the Greek private sector rose an annual 2.9 percent in March, compared with 3.7... to 72.7 billion euros. Within corporate lending, the balance of credit to non-financial corporations was positive by 413 million euros. The balance stood at 66.4 billion euros. Credit to insurance
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Credit growth in April slows to 2.4 pct; monthly outflow of 787 mln
EconomyMacroeconomyCredit movement in the Greek private sector rose an annual 2.4 percent in April, compared with 2.9... billion euros. Within corporate lending, the balance of credit to non-financial corporations was negative by 894 million euros. The balance stood at 62.1 billion euros. Credit to insurance corporations
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Credit growth in May slows to 2.2 pct; monthly flow -17 mln
EconomyMacroeconomyCredit movement in the Greek private sector rose an annual 2.2 percent in May, compared with 2.4.... Within corporate lending, the balance of credit to non-financial corporations was positive by 49 million euros. The balance stood at 62.1 billion euros. Credit to insurance corporations showed a net
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Credit growth in July slows to 1.2 pct; monthly outflow of 532 mln
EconomyMacroeconomyCredit movement in the Greek private sector rose an annual 1.2 percent in July, compared with 2.3.... Within corporate lending, the flow of credit to non-financial corporations was negative by 44 million euros. The balance stood at 59.9 billion euros. Credit to insurance corporations showed a net
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Mitsotakis tours ministries as government looks for measures to improve public mood
PoliticsGreek Politicsthe Tempe affair led to support for New Democracy dropping significantly and backing for fringe parties... Triantopoulos, over his role in the clear up of the crash site immediately after the crash. The 27-member... from the Tempe issue, which became highly damaging for New Democracy’s ratings. Mitsotakis visited
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New twist in Hellinikon saga as Lamda goes it alone
Economyof the project led to a lack of agreement after months of talks within the consortium, which were held in good... increase. Lamda has estimated the total investment in the old airport site will reach 8 billion euros. Just the infrastructure spending on site and in the wider area, which is frontloaded in the early
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Greece’s downstream oil industry adapts to shifting demands
EconomyFeaturesobvious why Greece needs to wean itself off its export portfolio being led by refined oil products... directives on the profitability of the EU refinery industry concluded that “the EU ETS
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Managing an orderly Greek exit from the memorandum
Agora, Greece would need to register a credit rating upgrade to the level of “investment grade.” This development appears rather unrealistic at present. Greece’s long-term sovereign credit rating is currently... to this position. The IMF itself is offering one of these in the form of a so-called precautionary credit
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