| Focus Germany, So far, so good |
Germany, Credit Cycle, Early Warning Indicator
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Excerpts:
“Households in the Eurozone also continue deleveraging (-0.3% yoy). By contrast, lending to households in Germany continues to rise: March records +1.1%.”
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“The stable but moderate credit growth in Germany is mainly driven by growth in mortgage lending.”
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Excerpts-Deutsche Bank Research, Current Issues, May 2 2014
28.05.2014
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