Credit growth in Greece shrinks 4.9 pct in December y-o-y
Total credit growth in Greece shrank 4.9 percent year-on-year in December, with the pace of decline picking up from the previous month, Bank of Greece data showed on Tuesday.
Credit extended to the government fell 8 percent in December after a 0.2 percent drop in the previous month.
Lending to businesses and households shrank 4 percent compared to a 4.6 percent contraction in November.
Greece was on Thursday criticized for its treatment of migrants and refugees, as Amnesty International launched its annual assessment of the world’s human rights.
The London-based rights gro...
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A growing number of European Union leaders and officials are now suggesting that next year will most probably see a significant write-down on Greek debt.
The country’s partners are clearly a...
