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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
Grouped Articles
E.C.B. Says Loans to Private Sector Rose in March for First Time in 3 Years
New York Times 04/29/2015
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