Good afternoon. Today the Commission is putting on the table of co-legislators yet another set of proposals to reduce risks in the Banking sector. This time, we are targeting non-performing loans. With today’s package, we have delivered more risk-reduction measures … read more
EU Visa Policy: Commission puts forward proposals to make it stronger, more efficient and more secure The Commission is today proposing to reform the EU’s common visa policy to adapt the rules to evolving security concerns, challenges linked to migration … read more
The term ‘non-performing loans’ refers to loans where the borrower – either a company or a physical person – is not able to repay a bank loan, i.e. is unable to make scheduled payments to cover interest or capital reimbursements. … read more
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With today’s far-reaching measures, the Commission is delivering on the Council’s Action Plan to address the high stock of NPLs and prevent their possible future accumulation. It builds on ongoing efforts by Member States, supervisors, credit institutions and the EU: … read more