MIL OSI Translation. Region: Germany / Deutschland –
Source: Federal Financial Supervisory Authority BaFin welcomes the initiative of the European Commission against non-performing loans (NPLs) on bank balance sheets. Since the corona pandemic had a significant impact on the EU economy, NPLs are likely to increase again across the EU, the EU Commission announced on December 16.
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure not be perfect.