Sorry!! The article you are trying to read is not available now.
HOT TAGS:  

Eurozone Recovery Under Threat as Credit Contracts Again

Print comment Post Comments
CREDIT CRISIS CONTINUES
"The credit squeeze continues," said Carsten Brzeski from ING. "Today's monetary numbers illustrate how fragile the ongoing recovery still is." M3 money supply growth has slowed to a record low of 3%, the Telegraph reports. The European Central Bank said private sector loans fell by €38bn (£33bn) from a month earlier. Lending to non-financial corporations has shrunk by €116bn (to €4,759bn) since February, although it is still up 1.6pc from a year ago due to lag effects.
SOURCE:   Telegraph (UK)

TICKERS