Lending to European firms in H1 2020 was strongly driven by loan guarantees. Credit standards are expected to tighten amid

Lending to European firms in H1 2020 was strongly driven by loan guarantees. Credit standards are expected to tighten amid higher credit risk going forward @ecb
anxious that guarantees be maintained. For more discussion see Chartbook Newsletter # 4. adamtooze.substack.com/publish https://t.co/XWlYOX1qkZ

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