Eurozone banks plan to tighten credit standards in the second quarter amid geopolitical tensions, energy developments and higher funding costs, the Bank Lending Survey results from the European Central Bank showed Tuesday.
Loan approval criteria for enterprises, households for house purchases and consumer credit were tightened in the first quarter, driven by higher perceived risks and lower risk tolerance. Banks also intend to tighten the conditions in the second quarter.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.