Coronavirus response: Tackling non-performing loans (NPLs) to enable banks to support EU households and businesses | EU Commission Press
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 vol...
Source: pubaffairsbruxelles.eu