2014年1月31日 星期五

Europe's Tight Credit Begins to Loosen

FRANKFURT—Europe’s major central banks Thursday signaled that a lengthy credit squeeze in the region is coming to an end, raising hopes that more lending, borrowing and spending will propel a more durable economic recovery this year.
Still, figures from the European Central Bank and Bank of England showed that patches of weakness persist, particularly for companies. Euro-zone banks tightened standards for business loans last quarter, albeit less so than in the previous quarter. Greater mortgage lending in the U.K., which…

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