Page 32 - மூலதனம் சந்தைகள் தொழிற்சங்கம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

on December 16, 2020 The European Commission has today presented a strategy to prevent a future build-up of non-performing loans (NPLs) across the European Union, as a result of the coronavirus crisis. The strategy aims to ensure that EU households and businesses continue to have access to the funding they need throughout the crisis. Banks have a crucial role to play in mitigating the effects of the coronavirus crisis, by maintaining the financing of the economy. This is key in order to support the EU’s economic recovery. Given the impact coronavirus has had on the EU’s economy, the volume of NPLs is expected to rise across the EU, although the timing and magnitude of this increase is still uncertain. Depending on how quickly the EU’s economy recovers from the coronavirus crisis, banks’ asset quality – and in turn, their lending capacity – could deteriorate.

Mairead mcguinnessValdis dombrovskisEu bank recoveryEuropean parliamentEuropean unionEuropean commissionCommission banking packageCapital markets unionExecutive vice presidentMember statesEuropean datawarehouseResolution directiveAction planBanking unionBanking packageCapital markets recovery package