EU speeds up work on secondary market for NPLs
EU institutions are working toward a deal on a draft directive establishing secondary markets for non performing loans (NPLs). It is to be the final piece of the NPLs "action plan" unveiled in March by the European Commission.
After months of deadlock, members of the EU Parliament published a first draft report on Monday.The deadline for amendments is set for Friday, with a vote by the EC's Economic Affairs Committee scheduled for April 1. This vote will open the way for negotiations with member ...
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