Research (Česká spořitelna)
Macroeconomics  |  January 31, 2013 09:31:58

ECB: Credit standards for companies is true for households is further tightened


Weak credit activity confirmed not only hard data on Monday, but yesterday's quarterly survey of the ECB. He revealed that the company is teasing standards for households but yes - a good sign for the future is that most companies have concerns about the "weak economy" (not, for example from the inability to finance, which was decisive in autumn 2011), and that still decreasing "demand for loans from companies." Both in fact may turn after the economy stops choking restrictions and concerns about future falls in these subjects. As confidence and credit survey and recent activities leading indices lead us to cautious optimism for 2H13.

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