Reuters: Greek credit contracts 1.6 pct y/y in May – central bank

10 July 2017
324 Views

ATHENS, July 10 Total credit in Greece’s banking system contracted 1.6 percent year-on-year in May after a 1.6 percent decline in the previous month, Bank of Greece data showed on Monday.

Credit extended to the government fell 5 percent after decreasing by 5.4 percent in April, the central bank said.
Lending to businesses and households declined 1 percent after a 0.9 percent drop in April.

****************************************************************
KEY FIGURES MAY APRIL MARCH FEB JAN DEC

(in pct y/y)
Total credit -1.6 -1.6 -1.7 -1.9 -1.4 -1.0
Credit to public sector -5.0 -5.4 -3.9 -3.7 0.1 1.4
Credit to business, hholds -1.0 -0.9 -1.3 -1.6 -1.6 -1.5

You may be interested

Turkish President Erdogan: I will hold campaign rally in European city
WORLD
shares22 views
WORLD
shares22 views

Turkish President Erdogan: I will hold campaign rally in European city

makis - Apr 24, 2018

Turkish President Recep Tayyip Erdogan announced today that he expected to hold an election rally in a European city next…

Ancient Troy: The place where Turks fought the Albanians!!!
GREECE
shares34 views
GREECE
shares34 views

Ancient Troy: The place where Turks fought the Albanians!!!

makis - Apr 24, 2018

BBC and Netflix might be presenting Homer’s mythical hero from the Iliad, Achilles as African, but it seems Turkey and…

Commissioner Hahn: Greece-FYROM name dispute might be over within next 2 weeks
POLITICS
shares25 views
POLITICS
shares25 views

Commissioner Hahn: Greece-FYROM name dispute might be over within next 2 weeks

makis - Apr 24, 2018

Commissioner for European Neighbourhood Policy and Enlargement Negotiations Johannes Hahn estimated a solution on the name dispute between Greece and…

Leave a Comment

Your email address will not be published.