Draghi slightly more optimistic about eurozone economy
Drop in bank lending appears to have reversed, economies of most countries growing, he says
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Frankfurt
THE president of the European Central Bank has given a slightly more optimistic assessment of the eurozone's economy, saying that a decline in bank lending appears to have reversed and pointing out that the economies in most countries in the region are growing.
"We have a certain amount of confidence that the credit cycle is now turning for the better," Mario Draghi told members of the European Parliament in Brussels on Monday.
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