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For Some in Europe, High Lending Rates Hamper Recovery

New York Times Original article ›

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Lending gap for small business from high interest rates in 2012-2014- the situation in Portugal

05/12/2014

Interest rates of about 10% for loans to small business in Portugal in 2014 hamper an economic recovery and job creation. The eurozone struggles to find growth in the first half of 2014, with the economy of Italy and Portugal continuing to shrink and France stalling. The credit squeeze is hurting the recovery.

Grouped Articles

For Some in Europe, High Lending Rates Hamper Recovery

New York Times 05/12/2014

E.C.B. Plots Strategy for Staving Off Deflation

New York Times 05/26/2014

Spanish Loan Data Suggests Modest Recovery

Wall Street Journal 10/25/2014

E.C.B. Says Loans to Private Sector Rose in March for First Time in 3 Years

New York Times 04/29/2015

Portugal Dared to Cast Aside Austerity. It’s Having a Major Revival.

New York Times 07/22/2018

The impact of the housing bubble related banking crisis on small and medium sized business in Spain

02/25/2010

About 60% of the economy and 80% of the jobs in Spain are with small and medium sized business. The consolidation of banks is leading to loss of local contact. The need to build capital reserves to cover bad loan losses means banks are calling in loans to these businesses. This is happening in smaller towns and cities across Spain, and will worsen the already high 25% unemplyment rate. The credit squeeze is hurting the recovery.

Grouped Articles

Europe’s credit crunch: Mend the money machine

Economist 05/16/2013

The Pain in Spain Falls Mainly on the Cajas

BusinessWeek 02/25/2010

For Some in Europe, High Lending Rates Hamper Recovery

New York Times 05/12/2014

E.C.B. Plots Strategy for Staving Off Deflation

New York Times 05/26/2014

Spanish Loan Data Suggests Modest Recovery

Wall Street Journal 10/25/2014

In Spain, Banks Find Dry Lending Landscape

Wall Street Journal 12/04/2014


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