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18th Nov 2022 15:34Eurozone, Weekly Monitor

  • The Swiss economy fared worse than its German neighbour in Q3 and will likely contract in Q4.
  • Only a few EZ Banks have taken the opportunity to repay TLTROs early to dodge a loss in savings.
  • 13% of the remaining loans will be repaid this week; ECB balance sheet shrinkage is starting, but slowly.

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Keywords for: 21 Nov 2022 Eurozone Monitor

ECB, economy, eurozone, ez, ez banks, loans, q3, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence