At 8 bn. euros the stock of NPLs sold to funds in 2019

ECB officials, worry that the lock down due to coronavirus pandemic and the subsequent recession will trigger another surge in non-performing loans (NPLs). Bank of Greece reportedly expects NPE ratio to climb by 4%-11% due to Covid-19 crisis.

  European credit rating agency Scope Ratings sees a sharp slowdown in the pace in which Greece’s four systemic banks…

Andrea Enria who is Chair of the Supervisory Board of the ECB, (SSM)   is supporting,  along with Yannis Stournaras…