Eurozone borrowers facing tighter standards

European Central Bank (ECB) data reveals eurozone banks are making it more difficult for consumers and businesses to borrow as fears of a slowdown take hold.

The latest edition of the ECB's quarterly bank lending survey shows that lenders tightened credit standards for both households and firms for the fourth-straight quarter in the three months to June.

The bank lending survey is based on data from 112 banks from across the eurozone. The results show that out of the 112, a net percentage of 43%

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