At their informal meeting in Valletta on Friday 7 and Saturday 8 April, the European financial decision-makers will discuss the possibility of doing more at European level with regard to non-performing bank loans, which are weighing down banks' balance sheets and hampering economic recovery.
The stock of non-performing loans or NPL, which are defined as loans for which the repayment deadlines were reached 90 days ago or more, stood at nearly €1 billion in the EU at the end of 2016. They...