EURO Money Supply (M3) New Year's Eve 2009
Thursday, 31 December 2009 | 
Risk - Research
Dataset name: Balance Sheet Items; Frequency: Monthly; Reference area: Euro area (changing composition); Adjustment
indicator: Working day and seasonally adjusted; BS reference sector breakdown: MFIs, central government and post office
giro institutions; Balance sheet item: Monetary aggregate M3; Original maturity: Not applicable; Data type: Index of
Notional Stocks; Counterpart area: Euro area (changing composition); BS counterpart sector: Non-MFIs excluding central
government; Currency of transaction: All currencies combined; Balance sheet suffix: 3-month moving average
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Eurozone credit contraction accelerates
Bank loans and the M3 money supply in the eurozone contracted at an accelerating pace in November, raising the risk that a lending squeeze will choke the region's fragile recovery next year.
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