Lending conditions in the euro zone deteriorated in March and the economic gap separating Germany from the bloc's problem debtors widened, data released by the European Central Bank showed today.
Lending to euro zone companies levelled off month-on-month in March after rising €4 billionin February, data showed, while companies borrowed 1.3 percent less than a year ago, the ECB said.
Speculation is rising that the ECB will cut interest rates next week on evidence that an economic recovery is faltering and as government austerity efforts meet mounting opposition.
Read more: Euro zone lending conditions deteriorate again - European Economic News | EU Budgets, Trends & Spending | Irish Tim - Fri, Apr 26, 2013
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