Greece’s credit expansion slowed in July 2026, with the annual growth rate easing to 3.4%, down from 4.6% recorded in May 2026 on a year-over-year basis. The latest data, updated on 9 September 2026, indicate a cooling in the pace at which credit is growing in the Greek economy.
The figures compare the change in credit for July 2026 against the same month a year earlier, while the previous reading measured May 2026 against May 2025. The deceleration suggests that lending activity is expanding more moderately than earlier in the year, potentially signaling a more cautious stance from borrowers or lenders, or both, in the current economic environment.