-  Moreover, the continuation of vigorous money and credit growth and the absence thus far of significant constraints on bank loan supply in a context of ongoing financial market tensions confirm the assessment of upside risks to price stability over the medium term.
BIS Review 93/2008  3  -  At the same time, while the assessment is made that real GDP growth weakened over the first half of this year (despite satisfactory figures for the first quarter which reflected temporary factors), the economic fundamentals of the euro area remain sound. 4.