FRANKFURT: Private-sector loans in countries using the EU’s single currency rose slightly in July, the European Central Bank (ECB) said Friday, in welcome news for the ailing eurozone.

In July, approved loans rose 1.3 percent from a year ago, slightly faster than growth of 1.2 in June, an ECB statement said.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details