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

10 July 2017
1024 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

PM Mitsotakis cites Greek Constitution to back mandatory vaccinations
GREECE
shares30 views
GREECE
shares30 views

PM Mitsotakis cites Greek Constitution to back mandatory vaccinations

makis - Jul 23, 2021

Prime Minister Kyriakos Mitsotakis cited the Greek Constitution in response to those opposing mandatory Covid-19 vaccination during his meeting with…

Who Has Spent The Most Time In Space? (infographic)
WORLD
shares43 views
WORLD
shares43 views

Who Has Spent The Most Time In Space? (infographic)

Panos - Jul 22, 2021

As Russia celebrates 60 years since Yuri Gagain became the first person to orbit the Earth, the state of space travel looks…

What Do Americans Think Of Famous Billionaires? (infographic)
FINANCE
shares44 views
FINANCE
shares44 views

What Do Americans Think Of Famous Billionaires? (infographic)

Panos - Jul 22, 2021

Hot on the heels of fellow billionaire Richard Branson, Amazon founder Jeff Bezos is set to blast into space. He…

Leave a Comment

Your email address will not be published.