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  1. Waiting for Eurogroup outcome, ND and SYRIZA focus on economic interventions
    Photo by MacroPolis

    PoliticsGreek Politics

    assistance from the ESM. Greece can draw another 4 billion euros from the fund via a credit line... clusters emerging. Migration Policy Minister Notis Mitarakis said over the weekend that any migrants

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  2. Newsletter 393 - 15/09/2023

    Newsletters

    acknowledges that its policy transmission is working because demand is dampened, credit conditions are getting... Citizen Protection Minister Notis Mitarakis quit after being seen on a family holiday during

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  3. Newsletter 101 - 23/12/2016

    Newsletters

    and credit cards after the imposition of capital controls in July 2015 had a positive impact on VAT... the year with some festive cheer in the form of its lenders agreeing that the pension bonus and VAT... the 617-million-euro payment to some 1.6 million pensioners and the decision to maintain the discount on VAT

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  4. Newsletter 113 - 31/03/2017

    Newsletters

    into account private sector deposit flows. Credit contraction stable in February Negative flow reflects in household and sole proprietor sectors The rate of credit contraction remained stable at 1.6... the outstanding balance stood just shy of the 94-billion mark in February. Credit has continued

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  5. Greek deposits slip in October as credit also contracts by 3.9 pct

    EconomyMacroeconomy

    reflects higher interbank lending and lower funding needs on continued deleveraging. Credit contraction At the same time, the year on year (yoy) credit contraction in the Greek market remained steady... contracted 3.1 percent at 71.7 billion with monthly outflows at 143 million. Consumer credit also slipped

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  6. Deposits edged up in Nov but credit contraction was close to 4 pct

    EconomyMacroeconomy

    . Credit contraction At the same time, the year on year (yoy) credit contraction in the Greek market.... Consumer credit also slipped 4.5 percent to 28.44 billion on monthly net deductions below the 100 million..., followed by consumer credit (up 5 pp to 43.8 percent) and housing loans (up 2.6 pp to 24 percent

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  7. Greek credit contracts by 2.4 pct in April for slowest drop since 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's credit contraction marginally decelerated to 2.4 percent in April from 2.5 percent... in the last three months at 223 million in April. Consumer credit contraction also slightly accelerated... is the lowest reading since last December. Greek bank credit turned into contraction in January 2011

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  8. Credit contracts at slower pace of 1.7 pct in June, monthly loan flow positive

    EconomyMacroeconomy

    Greek bank credit contracted at a decelerating pace for the third successive month in June, when.... The rate of contraction remains above the 3-percent mark at 3.4 percent in June. Consumer credit... percent year on year. Despite the surprisingly positive flow in June, Greek bank credit continues

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  9. Rate of credit contraction edges up to 1.6 pct in Oct

    EconomyMacroeconomy

    Greek bank credit contraction accelerated slightly to 1.6 percent in October from 1.5 percent... similar pattern was also evident in consumer credit which fell at a decelerating pace of 2.5 percent... flow of 615 million. Greek bank credit turned into contraction in January 2011 with cumulative net

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  10. Credit contraction slows to 2 pct in Dec on net loan additions of 210 mln

    EconomyMacroeconomy

    Greek bank credit contraction slowed to 2 percent in December from 2.2 percent in November, Bank.... For the full year, housing net deductions reached 2.44 billion. Consumer credit recorded modest net... billion at the end of December. Greek bank credit has been in contraction territory since January

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