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EU Unveils Plans to Help Banks Clean Up Soured Covid-19 Loans
Europe has a plan to help its creaky banks navigate the Covid-19 downturn and be strong enough to lend during the recovery https://t.co/b3FsVqX885
OpenThe 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.
Europe has a plan to help its creaky banks navigate the Covid-19 downturn and be strong enough to lend during the recovery https://t.co/b3FsVqX885
OpenEU 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.
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