The European Central Bank (ECB) released its M3 money supply figures on Wednesday. M3 money supply rose 5.0% in March from last year, in line with expectations, after a 4.9 % increase in February. February's figure was revised down from a 5.0% rise.

Loans to the private sector in the Eurozone climbed 1.6% in March from the last year, missing expectations for a 1.7% rise, after a 1.6% gain in February.

Total credit to euro area residents decreased to 3.1% year-on-year in March from 3.2% in February.

Loans to non-financial corporations rose to 1.1% year-on-year in March from 1.0% in February.