Greece Credit Growth Hits Near 3-Year High

Total credit extended to the Greek economy increased by 7.4% year-on-year in August 2025, edging up from a 7.2% gain in the previous month. This marked the highest growth rate since December 2022, as credit to the private sector rose slightly to 10.6% from 10.5% in July. The monthly net flow of financing to the private sector turned positive, amounting to €166 million, compared to a negative flow of €1.26 billion in the previous month. Moreover, credit to the general government accelerated to 2.4% in August, from 2.0% in July. However, the monthly net flow of financing to the general government was negative at €189 million in August, reversing from a positive net flow of €509 million in the prior month.