Growth in eurozone private sector slows slightly: ECB

Growth of loans to the private sector in the euro area slowed slightly in March, European Central Bank data showed on Wednesday. For the ECB, the statistics are a key indicator of the economic health of the single currency area, as borrowing is a main financing source for corporate investment which in turn should boost the eurozone's currently weak economy. In March, approved loans rose 1.0 percent from a year ago, slightly slower than growth of 1.2 percent in February, an ECB statement said.