Author (Corporate) | European Commission: DG Financial Stability Financial Services and Capital Markets Union |
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Series Details | COM (2020) 822 |
Publication Date | 16/12/2020 |
Content Type | Policy-making |
Summary: Communication published by the European Commission on 16 December 2020, setting out an Action Plan aimed at tackling Non-Performing Loans (NPLs) to prevent a build-up as a result of the crisis caused by the COVID-19 (coronavirus) pandemic. Further information: NPLs are bank loans that are more than 90 days past-due or are unlikely to be repaid in full without requiring the sale of collateral. This Communication builds on a set of conclusions adopted by the Council of the European Union in 2017. It proposes to address the issue through a series of actions and measures with four main goals:
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Link to Main Source
https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=COM:2020:822:FIN
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Subject Categories | Economic and Financial Affairs |
Subject Tags | Banking Union, Financial Services |
Keywords | Banks | Banking, Non Performing Loan [NPL] |
International Organisations | European Union [EU] |