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The European Central Bank (ECB) released its M3 money supply figures on Monday. M3 money supply rose 5.0% in February from last year, in line with expectations, after a 5.0 % increase in January.
Loans to the private sector in the Eurozone climbed 1.6% in February from the last year, beating expectations for a 1.4% rise, after a 1.4% gain in January.
Total credit to euro area residents increased to 3.2% year-on-year in February from 2.6% in January.
Loans to non-financial corporations rose to 0.9% year-on-year in February from 0.6% in January.
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