European Economic Community, European Central Bank, Brussels, Treaty of Lisbon, European Commission, European Union

EU to help banks to jettison loans soured by COVID

Le Dec 16, 2020
@Reuters a partagé
EU to help banks to jettison loans soured by COVID https://t.co/HCyi0I8EtC https://t.co/zOoEabBTXO
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The European Union set out plans on Wednesday to help banks to jettison soured loans more easily and continue lending to households and business hit by the COVID-19 pandemic.

www.reuters.com
Le Dec 16, 2020
@Reuters a partagé
EU to help banks to jettison loans soured by COVID https://t.co/HCyi0I8EtC https://t.co/zOoEabBTXO
Open

EU to help banks to jettison loans soured by COVID

EU to help banks to jettison loans soured by COVID

The European Union set out plans on Wednesday to help banks to jettison soured loans more easily and continue lending to households and business hit by the COVID-19 pandemic.

EU Unveils Plans to Help Banks Clean Up Soured Covid-19 Loans

EU Unveils Plans to Help Banks Clean Up Soured Covid-19 Loans

The European Union unveiled plans to assist countries in setting up a network of national “bad banks” to help cope with a possible avalanche of defaulted loans triggered by the pandemic.

McGuinness faces hurdles to become EU consumer champion

McGuinness faces hurdles to become EU consumer champion

New financial services chief confronts limits on Commission power to protect borrowers and savers.

Sabine Lautenschläger: Risks to banks - from inside and out

Sabine Lautenschläger: Risks to banks - from inside and out

Speech by Ms Sabine Lautenschläger, Member of the Executive Board of the European Central Bank and Vice-Chair of the Supervisory Board of the European Central Bank, at the 14th Asia-Pacific ...

George Soros has an idea on how Europe can recover from the coronavirus crisis

George Soros has an idea on how Europe can recover from the coronavirus crisis

George Soros suggested Europe should issue debt that would never have to be paid back, as a way to finance the costs of the Covid-19 crisis.

COVID-19 Biweekly Update – May 7, 2020

COVID-19 Biweekly Update – May 7, 2020

Our Economics department keeps track of all the important developments in the financial markets in both advanced economies and emerging markets. We will be publishing weekly briefings with ...

EU Mulls Ways To Speed Up Adoption Of TIPS

EU Mulls Ways To Speed Up Adoption Of TIPS

SWIFT News: The European Commission wants more banks to adopt its instant payments system, TARGET Instant Payment Settlement (TIPS), to transfer euros.

Climate and Biodiversity Bank,

Climate and Biodiversity Bank,

Millions ask EU leaders: “make the Green Deal our Recovery Deal by investing hundreds of billions a year to create green jobs and make our economies clean and fair".

Blockchain Head at European Commission Explains Usefulness of DLT

Blockchain Head at European Commission Explains Usefulness of DLT

The European Commission sees some specific uses for blockchain technology in coordinating communication between member states, fostering crypto innovation.

Mairead McGuinness: Values-Driven Finance for Volatile Times?

Mairead McGuinness: Values-Driven Finance for Volatile Times?

Values-Driven Finance. Mairead McGuinness, Commissioner-Designate for Financial Services, Financial Stability and Capital Markets Union. 

How SEPA fuels the next phase of modern payments

How SEPA fuels the next phase of modern payments

When the European Union began developing the Single Euro Payments Area more than a decade ago, it didn't include a vision for real-time payments and the potential for a third European ...

What we can learn from Europe's response to the COVID-19 crisis

What we can learn from Europe's response to the COVID-19 crisis

Europe came together to save its citizens, businesses and member countries with bold action during the COVID-19 pandemic.