27 October 2026, 14:22 Greece: Credit Growth Slows to Lowest in Over 2 Years.
The annual growth of total credit extended to the Greek economy slowed to 2.4% in September 2026, its weakest pace since January 2024, down from 3.5% in August. Despite this deceleration, net lending flows turned positive, reaching €744 million after a €250 million outflow in the previous month. Credit growth to the private sector eased to 6% from 7.3%, although monthly net flows improved markedly to €735 million from €489 million. Meanwhile, credit to the general government contracted at a faster annual pace of 3.6%, compared with 2.7% in August. However, monthly net flows turned marginally positive at €9 million, following a €250 million decline in the previous month.
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