login
login
Image header Agence Europe
Europe Daily Bulletin No. 11806
Contents Publication in full By article 11 / 28
ECONOMY - FINANCE - BUSINESS / Banks

Member states' experts outline key principles to underpin creation of 'bad banks'

With the European Commission having been invited to present a reference document on how to deal with the controversial issue of non-performing loans (NPL), the experts of the member states clarified questions related to the creation at national level of asset management companies which may be set up to help European banks to free themselves from these debts, which are penalising their viability and ability to lend to the economy.

Although under no illusion that these asset management...

Contents

SECTORAL POLICIES
EXTERNAL ACTION
INSTITUTIONAL
ECONOMY - FINANCE - BUSINESS
COUNCIL OF EUROPE
NEWS BRIEFS
WEEKLY SUPPLEMENT