Outlook For Eurozone Bad Loans Worsens

07 Jan 2013

The outlook for bad loans held by Euro zone banks has worsened as credit quality deteriorated at a faster rate than originally projected, with non-performing loans expected to rise to 7.6% in 2013, from 6.8% last year, according to Ernst & Young.

The outlook for bad loans held by Euro zone banks has worsened as credit quality deteriorated at a faster rate than originally projected, with non-performing loans expected to rise to 7.6% in 2013, from 6.8% last year, according to Ernst & Young.

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