FRANKFURT—Banks in the euro zone reduced their lending to the private sector in October while Germany’s robust labor market showed signs of strain, signaling that the region’s economy is struggling to gain a firm footing.
Still, a report on business and consumer sentiment across the euro area improved, indicating that the region’s economy will likely at least expand for a third successive quarter during the last three months of this…
More: Euro-Zone Private-Sector Lending Declines
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