The European Commission presented on Wednesday (14 March) new proposals to continue cleaning EU banks' coffers of their piles of bad loans, while reassuring member states over reducing risks on the sector.
The so-called non-performing loans (NPLs) - the loans which individuals and companies are more than 90 days late repaying - still represent 4.4 percent of all loans in the EU, a total of €910bn which is "well above pre-crisis levels" according to the commission.
NPLs still repre...
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