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> Economy

Household borrowing down in Eurozone

ECB report says lowest rate since 2010

Newsroom March 27 05:06

Household borrowing has increased in the Eurozone, according to data by the European Central Bank (ECB). The figures show that the annual rate has gone up to 2.3% in February from 2.2% in January, the highest rise since December 2010. Meanwhile, business lending recorded an unexpected slowdown from 2% to 2.3% in February, which is the lowest rate since last June.

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