ECB Says Private Lending Shrank for Seventh Month in November

Lending to households and companies in the euro area contracted for a seventh month in November as the recession damped demand for credit. Loans to the private sector fell 0.8 percent from a year earlier after dropping a revised annual 0.8 percent in October, the Frankfurt-based European Central…

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ECB Says Private Lending Shrank for Seventh Month in November

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