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Lending picking up slowly in the euro area

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Oliver Dyer
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Loans to enterprises and households is slowly picking up in the eurozone, says European central bank.

the Corporate was granted in November to 2.2 percent and for households by 1.9 percent more loans than a year ago.

in October the corresponding figures were 2.1 and 1.8%.

the Lending pick-up is good news for the ECB, which is trying to increase consumption and investment in the ailing economy in order to boost growth.

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Oliver Dyer
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