The Ministers of Finance of the Member States of the European Union held an exchange of views on Wednesday 4 November on the issue of non-performing loans (NPLs), the stock of which will increase all the more sharply as the economic crisis resulting from the Covid-19 pandemic will be long-lasting and acute.
It is too early to quantify the increase in this stock, but it will have an impact on bank balance sheets and the ability of credit institutions to lend to the real economy.
Since the...