ECB Says Private Lending Contracted at Fastest Pace in 3 Years

Lending to households and companies in the euro area contracted at the fastest pace in almost three years in September amid a deepening economic slump. Loans to the private sector fell 0.8 percent from a year earlier after dropping an annual 0.6 percent in August, the Frankfurt-based European Ce…

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ECB Says Private Lending Contracted at Fastest Pace in 3 Years

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