EU lawmakers reach agreement on NPL measures

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EU lawmakers reach agreement on NPL measures

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The flag of the European Union sways in the wind attached to a pole in front of the European parliament building in Strasbourg, France, 12 April 2016. Photo: Karl-Josef Hildenbrand/dpa | Karl-Josef Hildenbrand/DPA/PA Images

The European Parliament and the European Council have reached an agreement on a set of measures to tackle non-performing loans in the banking sector, broadly backing the European Commission’s proposals from March.

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