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The European Central Bank (ECB) released its M3 money supply figures on Friday. M3 money supply rose 4.7% in December from last year, missing expectations for a 5.2% gain, after a 5.1 % increase in November.
Loans to the private sector in the Eurozone climbed 1.4% in December from the last year, missing expectations for a 1.5% rise, after a 1.4% gain in December.
Credit to the private sector dropped to 0.8% year-on-year in December from 1.2% in November.
Loans to non-financial corporations fell to 0.3% year-on-year in December from 0.7% in November.
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