In a surprising twist, Greece's credit growth rate remained static at 6.9% for the second consecutive period in May 2025. According to recently updated data as of July 9, 2025, this stalling occurred despite anticipations of fluctuating dynamics within the country's financial landscape.
The data indicates that the credit expansion, which had previously reached 6.9% in March, showed no growth, holding steady at this figure through May. This comes in the wake of the March 2025 data where the figure was the same, suggesting a stagnation rather than a sign of growth or decline.
From a year-over-year perspective, the comparison highlights a plateau, underscoring the need for a critical assessment of the factors hindering further credit expansion in the country. Analysts are now closely monitoring the economic conditions and policies in Greece to determine the underlying causes of this stability and forecast future trends within the Greek financial sector.
