Pre-Crisis Loans Hurting European Lending: ECB

26 Apr 2013

The European Central Bank says problem loans originated before the crisis could hamper its efforts to increase lending, and has expressed frustration that national governments, regulators and banks have been reluctant to clean up their balance sheets.

The European Central Bank says problem loans originated before the crisis could hamper its efforts to increase lending, and has expressed frustration that national governments, regulators and banks have been reluctant to clean up their balance sheets.

Click here to read the story from International Financing Review.

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