Sector Regulation Sector Regulation

EU bad banks among options being considered for sour Covid loans, ECB's Lagarde says

By Jack Schickler
  • 11 Mar 2021 10:53
  • 11 Mar 2021 10:53
A range of EU “bad banks” could be the best way to manage sour loans linked to Covid-19 as pandemic support measures come to an end, the European Central Bank’s Christine Lagarde has said.

Policymakers want to ensure that an expected wave of defaults in coming months doesn’t cause banks to

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