Warning signs: European banks are tightening, the ECB is expected to follow soon
According to a quarterly survey of the euro zone banking sector released by the European Central Bank on Monday, euro zone banks tightened lending conditions in the second quarter due to geopolitical uncertainty and expect further tightening in the current quarter, according to Reuters.
According to a quarterly survey of the European Central Bank, published on Tuesday, banks in the euro area tightened lending conditions in the second quarter due to geopolitical uncertainty, and expect further tightening in the current quarter, Reuters reports.
