FRANKFURT—Lending to the private sector in the euro zone plunged in November at the sharpest annual rate since records began more than 20 years ago, data from the European Central Bank showed Friday, suggesting that the region will struggle to get its anticipated economic recovery into full gear.
Private-sector lending in the euro zone declined by 2.3% on the year, after a 2.2% decline in October, the ECB said. The decline suggests…
See the rest here: Euro-Zone Private Lending Falls
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