Private sector loans decline in Eurozone

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
European households and private companies still do not rush to take more liabilities, as the economic recovery in the region is quite weak. Lending in August lost 1.5%, posting the 16th consecutive month of decline. The ECB said on Thursday that they will do everything to hold interest rates as low as possible to support lenders, while from April to June the average rates increased by 0.3%.
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Thu, 26 Sep 2013 18:36:02 GMT

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