2 Oct, 2013 @ 12:50
1 min read

Small business boost in Spain

Business pension

SMALL businesses in Spain are benefitting from the cheapest loans for two years.

Interest charges on loans of up to โ‚ฌ1 million averaged 5.4% in July compared to 6.5% a year ago.

The European Central Bank data is seen by many as being good news for the economy as lending to small and medium businesses is viewed as having a positive impact on local communities.

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