✉news BusinessBusiness first seen 14 h ago, last 3 h ago, peak #1
Bank Lending to Eurozone Businesses Halved in August
New figures show bank lending to eurozone businesses dropped sharply in August, falling to about half its previous level. The slowdown points to tightening credit conditions and weakening demand for corporate borrowing as higher interest rates weigh on investment across the currency bloc. Economists are watching whether the trend will persist.
Why now: Fresh ECB-related data showing a steep drop in corporate credit is worrying markets about eurozone growth.
Rank over time, top of the chart is #1. 2 snapshots from 4 h ago to 3 h ago.
Evidence
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