Friday, Oct 05, 2007

More bad news for borrowers

Bloomberg: ECB Says Banks Expect Credit Conditions to Tighten

European banks may make it harder for companies and consumers to borrow money in the next three months after the slump in the U.S. subprime mortgage market increased the cost of credit, the European Central Bank said.

Posted by alan @ 04:29 PM (229 views) Add Comment

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