Eurozone credit standards tightened further in past three months
On Wednesday, the European Central Bank (ECB) published its report on the results of the April 2010 Bank Lending Survey for the euro area.
The survey finds that loans to enterprises remained unchanged with net tightening of credit standards at 3%, broadly in line with expectations in the previous survey round. By contrast, there was an increase in the net tightening of credit standards on loans to households for house purchases in the first quarter of 2010.
The survey is conducted four times a
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