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Why Are Companies In Germany Finding It More Difficult To Get Loans?

Por: RTTNews Business January 12, 2023

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As banks raise interest rates and tighten the credit standards for loans, the number of German companies finding it more difficult to obtain loans are rising in an that is likely to undergo a mild recession this year, an ifo Institute survey showed Thursday. The share of companies in ongoing credit negotiations, who reported restraint on the part of banks, climbed to 29.9 percent in December from 24.3 percent in September, the survey found.... + full article



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