{"id":1049136,"date":"2026-11-14T07:41:25","date_gmt":"2026-11-14T02:11:25","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1049136"},"modified":"2026-11-14T07:50:51","modified_gmt":"2026-11-14T02:20:51","slug":"ai-accounts-for-quarter-of-euro-zone-credit-growth-ecb-says","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/11\/14\/ai-accounts-for-quarter-of-euro-zone-credit-growth-ecb-says\/","title":{"rendered":"AI accounts for quarter of euro zone credit growth, ECB says"},"content":{"rendered":"<p>The financing of artificial intelligence accounts for a quarter of the growth in bank lending to companies in the euro zone at present, European Central Bank chief economist Philip Lane said in a Financial Times interview published on Friday. <\/p>\n<p>Credit creation has been surprisingly robust in the bloc of 21 countries that share the euro despite rising interest rates and a damaging oil shock. <\/p>\n<p>Lane said loans to companies would be growing at 3% a year, rather than 4%, if not for AI, despite the relatively small footprint of that industry in the European economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The financing of artificial intelligence accounts for a quarter of the growth in bank lending to companies in the euro zone at present, European Central Bank chief economist Philip Lane said in a Financial Times interview published on Friday. Credit creation has been surprisingly robust in the bloc of 21 countries that share the euro despite rising interest rates and a damaging oil shock. Lane said loans to companies would be growing at 3% a year, rather than 4%, if not for AI, despite the relatively small footprint of that industry in the European economy.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1049136","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1049136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1049136"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1049136\/revisions"}],"predecessor-version":[{"id":1049149,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1049136\/revisions\/1049149"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1049136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1049136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1049136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}