Greek credit contracts 1.4 pct y/y in November
Total credit in Greece’s banking system contracted by 1.4 percent year-on-year in November after a 0.2 percent decline in the previous month, Bank of Greece data showed on Wednesday.
Credit extended to the government rose 3.4 percent after increasing by 12.7 percent in October, the central bank said.
Lending to businesses and households declined 2.2 percent after a 2.0 percent drop in October.
You may be interested

Golden Globe Awards 2021: Borat 2 wins best comedy film
Panos - Mar 02, 2021The movie “Nomadland” and the much-discussed sequel to “Borat” were the big winners of the 78th Golden Globe Awards 2021,…

The Turkish research vessel Cesme sails for central Aegean Sea
Panos - Mar 02, 2021The Turkish hydrographic ship Cesme resumed its survey activities in the Central Aegean from today, March 1st, at dawn. At the first…

Foreign Policy: Who is hot & who is not in the Middle East – Analysis
Panos - Mar 02, 2021On February 22nd, 2021, Politico ran a story revealing the Biden administration is deprioritizing the Middle East. It was an interesting read. Yet…