Athens News Agency: News in English, 08-09-17

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From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

[01] FM awards French academics

[02] Borrowing slows in July

[01] FM awards French academics

Bakoyannis referred to the contribution of the three academics to the proliferation of the Greek spirit and culture, "which is expressed with the three basic values, that are common in both countries: democracy, peace and the harmonious coexistence of peoples."

She said that "this culture, which unites Greece and France, also shapes our identity" and thanked them for their work "through which the ideals of culture emerged, that has its roots in classical Greece and which, at the same time, determines present-day Greece."

Bakoyannis will be participating in the two-day European Union-Central Asia Conference, organised by the French EU Presidency and whose sessions will be starting at the OECD's building on Thursday.

The minister's programme includes bilateral meetings with counterparts of hers from the countries of Central Asia.

[02] Borrowing slows in July

The central bank, in a report, said July figures showed a slowdown in household borrowing, with Greek householdsā debt to banks totaling 122.9 billion euros, up 16.9 pct from the same month last year. Mortgage loans totaled 74.8 billion euros, up 16.2 pct in July, from 17.1 pct in June, while the remaining 35.1 billion euros covered consumer and credit cards, which grew by 18.8 pct in July, from 21 pct in June.

Saving depositsā figures showed a 43.7 pct jump in time deposits in July, totaling 93.8 billion euros, while saving deposits showed an annual decline of 8.4 pct to 68.3 billion euros.

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