Euro Zone Business Lending Growth Rises to 3.2 Percent
Lending to euro zone companies rose to 3.2 percent in March despite economic pressure from the Iran war. The M3 money supply also grew faster than expected.
Xurve View
Xurve View
The European Central Bank (ECB) recorded a 3.2% increase in business lending across the euro zone during March. This growth rose from 3.0% in February despite energy costs linked to the conflict in Iran. Bank credit to businesses accelerated even as geopolitical tensions pressured the broader economy.
