Thursday June 4, 2020

Euro lending conditions eased in second quarter

No Brexit effect seen so far, says European Central Bank

19th July, 2016
ECB measures to boost lending have been unprecedented Pic: Rex

The European Central Bank said today that lending conditions in the euro area improved in the last quarter, signalling that the economy was picking up at least until Britain cast a cloud over the region’s recovery by voting to leave the European Union.

Loan standards eased for companies and households, and demand for loans rose across all categories, the ECB said in its quarterly Bank Lending Survey. The poll was carried out from...

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