17 февраля 2016 17:26

'Bad bank' deal could be option for several countries: EU banking resolution chief

©Reuters

A state-backed "bad bank" that would take over non-performing loans from a country's banks, as has been agreed for Italy, could also be an option for other countries, the head of Europe's new banking resolution authority is quoted by AFP as saying on Wednesday.

news crisis Debt economy EU Europe finance Germany Italy loan loan portfolio bank

TENGRI LIFE

TENGRI TRAVEL