In order to tackle the socio-economic crisis caused by the Covid-19 pandemic, the European Commission believes that the banking sector, which it considers to be better equipped to face the coming recession than it was during the financial crisis of 2008, must be part of the European response by continuing to finance the economy.
To this end, on Tuesday 28 April, the European institution presented a draft regulation lifting, in a targeted and temporary manner, certain requirements laid down...