EU reboots NPL rules as bad debt looms

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EU reboots NPL rules as bad debt looms

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W2BMEC Belgium, Brussels, EU Area, EU Parliament, Parliament of the European Union, exterior | Alamy Stock Photo

Long-awaited amendments to European securitization law come into force on Friday, which should make non-performing loans securitization easier at a time when bad debt levels are set to rocket. Tom Brown reports.

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