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DTZ predicts 2013-14 lending capacity surplus in UK and core Europe

The European net debt funding gap has shrunk by 42% to US$50bn from its previous November 2012 estimate of $86bn, prompting DTZ to project a “remarkable reversal” that will lead to a lending capacity surplus for 2013-14 in the UK, France, Germany and Sweden.

The narrowing of the net debt funding gap has been drive by continued bank develeraging and strong non-bank lending, DTZ said this morning in its latest Net debt funding gap report.

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