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Eurozone money supply expanded for the first time in six months in December albeit at a marginal pace, the European Central Bank reported Friday. The broad monetary aggregate M3 edged up 0.
Eurozone broad money supply posted its first decline in more than a decade, and bank lending grew at a slower pace in July as higher borrowing costs dampen the growth outlook, official data revealed on Monday.
Eurozone bank lending and money supply registered slower growth in June, reflecting the pass through effect of the rising interest rates, data released by the European Central Bank revealed on Wednesday.
Eurozone banks intend to tighten credit standards on loans to firms and for house purchases in the second quarter, the Bank Lending Survey from the European Central Bank showed Tuesday.