By Francesco Guarascio
BRUSSELS, Oct 5 (Reuters) – An external early warning system for companies at risk of insolvency is central to a European Commission’s draft proposal to cut the region’s bankruptcy problem and help banks recoup bad loans.
Non-performing loans (NPLs) on the euro zone’s main lenders’ balance sheets neared 1 trillion euros ($1.1 trillion) last year, about 9 percent of the bloc’s gross dome…
Read the full article at: http://www.dailymail.co.uk/wires/reuters/article-3823587/EU-plans-insolvency-early-warning-alerts-cut-banks-bad-loans.html
Related Posts
