Total credit to the Greek economy rose by 4.9% year-on-year in January 2026, easing from a downwardly revised 5.4% increase in December. Credit to the private sector grew by 7.6%, down from 7.9% in the previous month. However, the monthly net flow of financing to the private sector turned negative, reaching €-2,144 million, after a positive net flow of €3,876 million in December.
Credit growth to the general government also lost momentum, slowing to 0.6% in January from 1.4% in December. The monthly net flow of financing to the general government was negative as well, at €-315 million, compared with a positive €617 million a month earlier.
