Tight Credit Hurts Even More EU Companies

One in 10 service sector companies in the EU and more than 3 in 10 Russian companies say difficulties in raising credit are constraining their businesses, according to a survey published on Monday.

Markit said the April survey of 3,900 companies in the sector — ranging from telecom providers to restaurants — showed tougher borrowing terms had become a much bigger problem than they were a year earlier.

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