A Strategy for Resolving Europe's Problem Loans
Shekhar Aiyar
Bok Engelsk
| Medvirkende | Bergthaler, Wolfgang, (author.)
Garrido, Jose M., (author.) Ilyina, Anna, (author.) Jobst, Andreas, (author.) Vis mer... Kang, Kenneth H., (author.)
Kovtun, Dmitriy, (author.) Liu, Yan, (author.) Monaghan, Dermot, (author.) Moretti, Marina, (author.) |
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| Utgitt | Washington D.C. : International Monetary Fund
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| Omfang | 1 online resource (79 p.)
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| Opplysninger | Europe's banking system is weighed down by high levels of non-performing loans (NPLs), which are holding down credit growth and economic activity. This discussion note uses a new survey of European country authorities and banks to examine the structural obstacles that discourage banks from addressing their problem loans. A three pillared strategy is advocated to remedy the situation, comprising: (i) tightened supervisory policies, (ii) insolvency reforms, and (iii) the development of distressed debt markets.
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| ISBN | 1-5135-8396-4. - 1-5135-8865-6
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