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Bank credit contracts by 1.6 pct in Oct on loan deductions of 308 mln
EconomyMacroeconomyThe rate of credit contraction in the Greek market slowed slightly to 1.6 percent in October from... reading since June 2007. Overall, the ongoing loan deleveraging of Greek banks has resulted in net... to date. Deductions in the consumer credit sector notably dropped to just 7 million in October
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Credit contraction slows to 1.3 pct in March on net additions of 307 mln
EconomyMacroeconomyThe rate of credit contraction in the Greek market slowed to 1.3 percent in March from 1.6 percent... in March for the first time since June 2016, with net additions of 77 million. The balance edged down... and stemmed from both mortgages and consumer credit. As a result, balance further dropped to 86.52 billion
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Credit growth in September up by 2.4 pct as business lending picks up
EconomyMacroeconomyCredit movement in the Greek private sector rose by 2.4 percent in September after an increase of 1.9 percent in August, Bank of Greece (BoG) figures showed on Tuesday. The increase in credit growth is the highest since June 2010, when the increase came to 2.7 percent. The outstanding balance
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Credit growth continues with 2.5 pct increase in Oct
EconomyMacroeconomyCredit movement in the Greek private sector rose by 2.5 percent in October after an increase of 2.4 percent in September, Bank of Greece (BoG) figures showed on Thursday. The increase in credit growth continues to be the highest since June 2010, when the increase came to 2.7 percent
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Credit growth in November edges up to 2.6 pct, approaching 2010 high
EconomyMacroeconomyCredit movement in the Greek private sector rose by 2.6 percent in November after an increase of 2.5 percent in October, Bank of Greece (BoG) figures showed on Tuesday. The increase in credit growth is now approaching the previous high of 2.7 percent noted in June 2010. The outstanding balance
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Newsletter 433 - 20/09/2024
came second in June, also appears to have lost its lustre, slipping to 9.1 percent, a full 5.8 percentage points lower than its June performance. The only winner among the mainstream parties is PASOK... with 9.9 pct (compared to 9.3 pct in the June elections), and Voice of Logic racking up an extra 0.4
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Newsletter 245 -27/03/2020
June onwards. Analysis by Scope Ratings published on Wednesday identified Greece as being in the small... the first, positive scenario, the tourism industry will pick up from June onwards, possibly saving..., the summer season will be considered lost, with sharp drops in revenue from June through to August
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Athens waits for credit rating upgrade as 10-year yield drops to new low
Economynight, when the agency is due to publish its credit rating review. S&P was the first ratings agency to update Greece to ‘B+’ in June 2018, following the Eurogroup decision that settled the debt relief.... Although at the time S&P was ahead of the rest of the agencies with its rating, since June 2018
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On Portugal, PSI and a national salvation pact
Agorathe capital structure, focusing on sovereign credit, corporate credit, equities, and special situations...://rehabilitatingportugal.com/ explaining its bearish position on Portuguese bonds. The site became viral among... billion of bonds mature on June 16, 2014 and another €6.2 billion of bonds mature on October 15, 2014
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Newsletter 52 - 20/11/2015
edged up by 0.41 billion euros to 82.79 billion in October, which is the first rise since June... registered as a refugee on the eastern Aegean island of Leros, found at the site of the Stade de... of refugees but no concrete initiatives when Tsipras visited Ankara this week. Turkey retains
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