FX.co ★ Greece Credit Growth Hits Near 3-Year High

In August 2025, the Greek economy experienced a 7.4% year-on-year increase in total credit, slightly up from a 7.2% rise in July. This represents the most significant growth rate since December 2022. Credit to the private sector saw an uptick to 10.6%, compared to 10.5% the previous month. The private sector's monthly net financing flow turned positive, reaching €166 million, a stark contrast to July’s negative €1.26 billion flow. Credit issued to the general government also saw growth, accelerating to 2.4% in August from 2.0% in July. However, the general government's monthly net financing flow was negative at €189 million, reversing the €509 million positive flow recorded in July.