Greek credit growth contracts 4.9 pct in December

ATHENS, March 12 (Reuters) - Total credit growth in Greece
shrank 4.9 percent year-on-year in December, with the pace of
decline picking up from the previous month, Bank of Greece
data showed on Tuesday.
Credit extended to the government fell 8 percent in
December after an 0.2 percent drop in the previous
month.
Lending to businesses and households shrank 4.0
percent compared to a 4.6 percent contraction in November.
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KEY FIGURES (in pct y/y) DEC NOV OCT SEPT AUG
Total credit -4.9 -3.6 -3.4 -3.5 -3.5
Credit to public sector -8.0 -0.2 +1.3 0.0 +1.0
Credit to business, hholds -4.0 -4.6 -4.8 -4.5 -4.8
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source: Bank of Greece