Total credit extended to the Greek economy increased by 4.9% year-on-year in January 2026, compared with a downwardly revised 5.4% advance in the previous month. Credit to the private sector rose 7.6%, slowing from 7.9% in December. The monthly net flow of financing to the private sector was negative, amounting to €-2,144 million, compared with a positive €3,876 million a month earlier. Moreover, credit growth to the general government slowed to 0.6% in January from 1.4% in December. The monthly net flow of financing to the general government was also negative at €-315 million in January, compared with a positive €617 million in the prior month.
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Greece Credit Growth Eases in January
Total credit extended to the Greek economy increased by 4.9% year-on-year in January 2026, compared with a downwardly revised 5.4% advance in the previous month. Credit to the private sector rose 7.6%, slowing from 7.9% in December. The monthly net flow of financing to the private sector was negative, amounting to €-2,144 million, compared with a positive €3,876 million a month earlier. Moreover, credit growth to the general government slowed to 0.6% in January from 1.4% in December. The monthly net flow of financing to the general government was also negative at €-315 million in January, compared with a positive €617 million in the prior month.