The new chair of the Supervisory Board of the European Central Bank (SSM) Claudia Buch and the President of the…
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Single Supervisory Mechanism, provided y banks with more flexibility on the classification of non-performing loans *** Capital relief amounts to €120 billion *** The ECB supports all initiatives aimed at providing sustainable solutions to temporarily distressed debtors***ECB understands that current NPEs targets are unrealistic.
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