CREDIT CONDITIONS GERMANY: IFO

July 28, 2010 at 8:04 am | Posted in Economics, Eurozone, Financial, Germany, History, Research | Leave a comment

spin-globe.gif

books-globe.gif

globe-purple.gif

history.gif

world.gif

compass.gif

loudspeaker.gif

globeinmoney.jpg

Ifo Institute:

Further Easing of Credit Constraints

Credit Constraint Indicator

From the Ifo Business Survey for July 2010

Further Easing of Credit Constraints

ifo PRESSEABTEILUNG@ifo.de

Wed 7/28/10

Credit constraints for German industry and trade continued to ease for the seventh month in succession. Currently 31.6% of the surveyed firms complain of restrictive bank lending policies, compared with 34.0% in June. In July 2009 the credit hurdle was at its highest point during the economic and financial crisis at 45.1%. Within one year it has thus fallen by 13.5 percentage points. The recovery in Germany is currently not being constrained much at all by banks’ lending practices.

The whole article with graphs and tables is attached.

Press contact:
Annette Marquardt
Ifo Institute for Economic Research
at the University of Munich
Press and Public Relations
Poschingerstrasse 5
81679 Munich
Telefon ++49 (0) 89 92 24-1604
Telefax ++49 (0) 89 92 24-1267
marquardt@ifo.de
www.cesifo-group.de

ifo Institut fuer Wirtschaftsforschung

Ifo Institute: Further Easing of Credit Constraints

Credit Constraint Indicator

From the Ifo Business Survey for July 2010

Further Easing of Credit Constraints

ifo PRESSEABTEILUNG@ifo.de

Annette Marquardt
Ifo Institute for Economic Research
at the University of Munich
Press and Public Relations
Poschingerstrasse 5
81679 Munich Germany
Telefon ++49 (0) 89 92 24-1604
Telefax ++49 (0) 89 92 24-1267
marquardt@ifo.de
www.cesifo-group.de

Wed 7/28/10

banknotes.jpg

TrackBack URI


Entries and comments feeds.

%d bloggers like this: