| Author (Person) | Beck, Thorsten, Bruno, Brunella, Carletti, Elena |
|---|---|
| Author (Corporate) | European Parliament: DG Internal Policies |
| Publisher | European Parliament: European Parliamentary Research Service (EPRS), European Union |
| Series Title | EPRS Studies |
| Series Details | PE 659.646 |
| Publication Date | March 2021 |
| ISBN | 978-92-846-7857-0 |
| EC | QA-05-21-026-EN-N |
| Content Type | Research Paper, Textbook | Monograph |
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Abstract: Designing exit strategy requires judgment, coordination among different institutions, and graduality. Restoring banks’ balance sheet transparency is a first-order objective. To this end, borrower relief measures should be phased out ahead of the other measures. Relaxation of loan classification and provisioning policies can be lifted in a second stage. The last one to be unwounded would be capital relief initiatives. To provide banks time and space of manoeuvre, exit strategies needs to be communicated in a clear and timely manner. Further information: This paper was prepared by the Economic Governance Support Unit (EGOV) at the request of the Committee on Economic and Monetary Affairs (ECON). |
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| Source Link |
Link to Main Source
https://www.europarl.europa.eu/thinktank/en/document.html?reference=IPOL_IDA(2021)659646
Alternative sources
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| Subject Categories | Economic and Financial Affairs |
| Subject Tags | Economic Governance | Situation, Financial Services |
| Keywords | Banks | Banking, COVID-19 (Coronavirus) |
| International Organisations | European Union [EU] |
