The interaction-induced orbital magnetic response of a nanoscale ring is evaluated for a diffusive system which is a superconductor in the bulk. The interplay of the renormalized Coulomb and Fr{o}hlich interactions is crucial. The magnetic susceptibility which results from the fluctuations of the uniform superconducting order parameter is diamagnetic (paramagnetic) when the renormalized combined interaction is attractive (repulsive). Above the transition temperature of the bulk the total magnetic susceptibility has contributions from many wave-vector- and (Matsubara) frequency-dependent order parameter fluctuations. Each of these contributions results from a different renormalization of the relevant coupling energy, when one integrates out the fermionic degrees of freedom. The total diamagnetic response of the large superconductor may become paramagnetic when the systems size decreases.
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