ATHENS, May 2 (Reuters) - Greek private sector bank
deposits rose in March after two consecutive months of decline,
central bank data showed on Tuesday.
Business and household bank deposits rose to 185.53 billion
euros ($203.53 billion) at the end of March from 182.79 billion
in February, Bank of Greece data showed.
Greek banks' deposit inflows have been rising for most of
2022. Since the lifting of COVID restrictions last year, the
Greek economy has recovered strongly thanks to robust tourism
revenues and improving consumer spending and investment.
However, soaring energy costs and inflation are eroding
household incomes, with the government projecting growth will
slow to about 2.3% this year from 5.9% in 2022.
($1 = 0.9285 euros)
(Reporting by Renee Maltezou
editing by Karolina Tagaris)
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