HALF OF THE NPLS IN THE EUROZONE ARE IN GREECE

by on 20 January 2018

There are fewer bad loans on the balance sheets of European banks but they remain high, the European Commission said on Thursday as it prepares to push through measures to force higher provisioning for soured debt despite the opposition of big lenders.

Despite the trend, bad loans were still worth 950 billion euros in the 28 European Union countries and accounted for 5.4 percent of total loans in the eurozone.

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