Bank of Greece set to improve transparency

GREECE - The Bank of Greece on Friday indicated that restrictions on consumer and personal loans could be lifted next year on condition that the current slowdown in credit growth continues at the same pace and a forthcoming study can prove that Greek indebtedness has not become a major problem.

Nicholas Garganas, governor of the central bank, said the present caps on consumer and personal loans, set at 3,000 euros and 25,000 euros respectively, represent "a small anomaly" in the financial indu

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