European Private-Sector Lending Drops Sharply

25 Jul 2013

Loans to the European private sector fell 1.6% in June, the largest decline on record, from a year earlier, and the 14th month in a row that it has dropped, according to the European Central Bank.

Loans to the European private sector fell 1.6% in June, the largest decline on record, from a year earlier, and the 14th month in a row that it has dropped, according to the European Central Bank.

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