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Eurozone lending slides again

E
euronews (in English)

46 Views • Jan 28, 2013

Description

Bank lending to businesses and individuals in the eurozone remains weak, with loans to companies and households contracting again in December.

The low interest cash the European Central Bank has been pumping through the monetary system is mostly staying in high street banks' vaults or is even being repaid to the ECB.

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http://www.euronews.net/