Markets News Afternoon: Eurozone private lending contracts for first time since 1983; AIB and BoI dip in Dublin
Oct 27th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Markets news on stocks, currencies and oil; The European Central Bank (ECB) said today that bank lending to the private sector contracted by 0.3% in September, a signal that the Eurozone recovery is fragile. It was the first contraction in lending since 1983.