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EU takes on bad loans – Article dated 12/11/2020

ahe Brussels – With a whole bunch of new measures, the EU Commission wants to counter the increase in bad loans feared in the wake of the further corona crisis on bank balance sheets. As can be seen from a message that the authority intends to present next Tuesday and which the Börsen-Zeitung has received in advance, the secondary markets are to be further strengthened – through new securitization rules and greater transparency. The bad banks also play an important role. The Commission proposed a cross-border network at EU level.

– Report on page 3

Börsen-Zeitung, December 11th, 2020, author Andreas Heitker, number 239, page 1, 83 words

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