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Euro-zone money growth likely to have picked up slightly in Feb

Capital Economics notes ..... Euro-zone money growth probably picked up slightly in February (09.00 GMT), as the availability of, and demand for, credit seems to have improved. The pace of broad money (M3) growth rose in…

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Capital Economics notes .....

  • Euro-zone money growth probably picked up slightly in February (09.00 GMT), as the availability of, and demand for, credit seems to have improved. 

  • The pace of broad money (M3) growth rose in January and the ECB's latest Bank Lending Survey gave further grounds for optimism. 

  • Banks eased their lending criteria after October's stress tests and firms' demand for credit strengthened significantly. 

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