Eurozone banks trim lending again
- 11 years ago
Eurozone banks are not lending as much.
The number of loans to the private sector contracted further in July.
The amount lent out was 1.9 percent less than the same month last year.
That is a drag on the region's fragile economic recovery.
It also puts more pressure on the European Central Bank to maintain its stimulus measures, such as low interest rates.
...
http://www.euronews.net/
The number of loans to the private sector contracted further in July.
The amount lent out was 1.9 percent less than the same month last year.
That is a drag on the region's fragile economic recovery.
It also puts more pressure on the European Central Bank to maintain its stimulus measures, such as low interest rates.
...
http://www.euronews.net/