The demand for credit is stronger in the Euro Area

The ECB survey shows, at the end of 2015, a new improvement on credit conditions for companies.
The first point to mention is that credit standards are still accommodative at the turn of the year. Banks are not tightening their behaviour on the credit market. Credit standards are almost at their lowest. That’s what the graph below shows. It’s not the situation encountered in 2009 and 2012. Continue reading