Growth in eurozone private sector loans slows: ECB

The statistics are a key indicator of economic health for the ECB, as borrowing is a main financing source for corporate investment which in turn should boost the eurozone's currently weak economy. In December, approved loans rose 0.6 percent from a year ago, much slower than growth of 1.2 percent in November, an ECB statement said. The ECB has launched a raft of policy measures to get credit flowing, most significantly a massive programme to buy more than one trillion euros ($1.1 trillion) wort