Latest ECB Bank Lending Survey (BLS) now released

  • lenders reported a net easing of credit standards in their business
    loan operations as well as further improvements in net demand for loans to enterprises over the fourth quarter and expect to see demand increasing further in the first three months of 2016.
  • euro area banks reported an easing of credit conditions for business and household loans in the three months ending in December, as historically low interest rates and increased banking competition drove strong demand from consumers and enterprises.

Strong demand is one thing but easing of lending standards doesn't bode well

Full report here