Economy in Focus #11 - The state of corporate and household credit in the EU
In the latest edition of Economy in Focus, Intrum’s Senior Economist, Anna Zabrodzka-Averianov, delivers key insights into the pressing issues surrounding corporate and household indebtedness in the EU. As we enter a monetary policy easing cycle, this report uncovers how rate cuts will affect businesses and households differently, and whether they will be enough to counter growing financial pressures.
What you'll discover:
- The rise in corporate insolvencies across Europe
- Changes in household borrowing and credit consumption patterns
- Implications of upcoming interest rate cuts from the ECB
- Expert commentary and data-driven analysis
In this edition of Economy in Focus, we take a longer-term view, tracking credit developments from the pandemic through to the present. While we see some signs of improvement, this isn’t fully reflected in the credit data yet. I expect household lending to rise gradually moving forward, but at a slower pace than after the pandemic, while consumer lending growth will begin to decelerate. This aligns with broader trends we’ve observed, such as increased consumer credit to manage rising living costs.Anna Zabrodzka-Averianov, Senior Economist at Intrum
Download the report:
Download the full Economy in Focus #11 report now to understand how these trends could impact your financial future.