ECB Bank Lending: Tight Credit Conditions Persist, Spending Cuts Could Curve Recovery
The European Central Bank released its Bank Lending Survey, showing persistent tightening in lending and credit provided by banks to investments and household throughout the second quarter of this year. Growth rate in the continent is stronger than expected, nonetheless, banks continue on tightening credit over the past three months
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ECB Bank Lending: Tight Credit Conditions Persist, Spending Cuts Could Curve Recovery
