Eurozone bank lending survey suggests a decreased demand for borrowing and tightening credit standards for businesses. This implies a subdued start to the economic recovery from an investment perspective and is in line with the ECB's low tolerance of rising yields Eurozone's bank lending survey showed that demand for borrowing among eurozone firms has decreased in the first quarter. Banks indicated the weakness among firms’ demand was mainly related to delayed fixed investment plans due to protracted lockdowns. This suggests that the start of the economic recovery, once economies reopen, will mostly rely on a boost ... (full story)