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Credit crunch threatens eurozone

Filed In: Europe News | Posted by admin | on January 27th, 2012 |

Fears of a eurozone credit crunch linger. Fears of a eurozone credit crunch intensify following the release of data showing a sharp slowdown in bank lending to the private sector. The data released by the European Central Bank (ECB) indicates that loans to the private sector fell by 1.0 percent in December in comparison with

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