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European Loan Growth Was Slowest on Record in July

September 6, 2009

Analysis of:European Loan Growth Was Slowest on Record in July | www.bloomberg.com

Liquidity in the ECC banking system is still an issue. Although more money has been injected into the system (M1 to M3 indicators show more money available than prior months) loans to European business and private individuals will not increase at rates the increased money supply would suggest.

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