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Credit growth accelerates to 3.6 pct in Dec, led by loans to corporations

Fri, 26 Jan 2024 11:45:00 GMT

The credit expansion in the Greek private sector slightly picked up pace in December, rising by 3.6... in November. Within corporate lending, the flow of credit to non-financial corporations was positive by 2.89 billion euros. The balance stood at 67.46 billion euros. Credit to insurance corporations

Fire at archaeological site puts govt's crisis handling under scrutiny

Tue, 01 Sep 2020 07:55:00 GMT

A fire at the archaeological site of Mycenae has become the subject of a heated political debate... of the site, blackening some its most famous landmarks including the characteristic monumental... wall but that the low vegetation maintained on the site had prevented high temperatures, leaving

Credit contraction at 0.2 pct in October, balance at 156.63 bln

Fri, 29 Nov 2019 08:51:00 GMT

Credit contraction in the Greek market came to 0.2 percent in October from 0.5 percent in September... euros from 74.65 billion. Within corporate lending, the balance of credit to non-financial corporations... in September. The latest month’s reading took the balance to 68.02 billion. Credit to insurance corporations

What does a bailout exit with a precautionary credit line mean for Greece?

Tue, 11 Nov 2014 10:58:00 GMT

that “there is a strong support for a precautionary credit line in a form of Enhanced Conditions Credit Line (ECCL).” But what does this mean for Greece? This is quite different from the hybrid credit line proposed by the Greek Finance Minister Gikas Hardouvelis, which would consist of a new credit line

Post-election blamestorming or Why Harris lost and the Democrats should nominate Oprah

Mon, 18 Nov 2024 09:32:00 GMT

administration for the rising cost of living, while simultaneously not giving the administration credit... shaped by Fox News and the proliferating far right-wing internet media echo chamber and not MSNBC..., the Democrats would have been better off nominating the famous television host – a wildly popular chat

Greek credit contracts by 4 pct in Jan, NPLs rise to 31.2 pct in Sept

Thu, 27 Feb 2014 14:01:00 GMT

The year on year (yoy) credit contraction in the Greek market marginally accelerated for the second.... January’s negative flow mainly reflects household and corporate lending net deductions of 306 and 268... with monthly net deductions at 213 million. Consumer credit also slipped 3.7 percent to 28.27 billion

Led by corporate lending, credit continues to grow with 2.3 pct rise in June

Wed, 28 Jul 2021 06:25:00 GMT

Credit movement in the Greek private sector increased by an annual 2.3 percent in June, from a 2.2... in May, taking the balance to 68.92 billion euros. Within corporate lending, the balance of credit... euros. Credit to insurance corporations showed a net monthly inflow of 120 million, from 19 million

Greek deposits down 0.3 pct in Feb, credit contraction stable

Thu, 27 Mar 2014 12:08:00 GMT

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.... Similarly, consumer credit retreated 3.4 percent to 28.16 billion, with net deductions at 109 million

Credit contraction of 0.5 pct in Dec, balance at 154.29 bln

Wed, 29 Jan 2020 13:04:00 GMT

Credit contraction in the Greek market came to 0.5 percent in December from 0.2 percent in November, Bank of Greece (BoG) figures showed on Wednesday. This led the outstanding balance to 154.29..., the balance of credit to non-financial corporations was positive by 543 million euros, increasing

Led by lending to corporations, June credit growth of 4.5 pct is highest in a decade

Thu, 28 Jul 2022 09:40:00 GMT

Credit movement in the Greek private sector picked up pace in June, rising by 4.5 percent year... on Wednesday showed. The growth in credit expansion had remained broadly stable after reaching a peak of 3.7 pct in February last year with the latest figure for June being the highest credit growth