Completing NPL reduction in Europe

Loukas Kaskarelis and Dóra Siklós
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Loukas Kaskarelis: ESM
Dóra Siklós: ESM

Discussion Papers from European Stability Mechanism

Abstract: This discussion paper analyses the relevance of the non-performing loan (NPL) problem for European banks. We provide an overview of the measures implemented by select euro area member states following the financial crisis. The paper also aims to highlight European solutions to the problem, which require additional measures introduced at supranational level. As such, we summarise the different workstreams that have recently started in the European Union. We also suggest a few policy responses for further consideration, which could provide some alternative or additional incentives for banks to reduce or keep their NPLs at a sustainably low level.

Pages: 64
Date: 2019-09-09, Revised 2021-10-25
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Persistent link: https://EconPapers.repec.org/RePEc:stm:dpaper:6

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