EZ lending activity improvement compromised

The banking sector in the smallest peripheral countries is the reason why the private credit has deteriorated so much. In countries such as Portugal or Ireland, credit to companies shrank to rates close to 10% yoy.

In Spain and Italy, the decline continues but it has tempered regarding the first months of the previous year. For their part, credit growth is stagnant in the major core economies in Europe –namely, France and Germany.



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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

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