Enria (SSM): “Bad debt at a historic low in Europe”
Enria: “Our priority is to reduce old NPLs and avoid new ones”
Expectations about the availability of bank loans are falling significantly in the eurozone
These are the ECB’s scenarios for the impact of the COVID-19 pandemic on economic activity in the euro area
As creditors refuse extension to homes protection, Greece puts state aid on mortgages on table
ECB eases collateral rules to pre-empt potential rating downgrade
ECB took another decisive step to mitigate impact of possible rating downgrades on collateral availability. The Central Bank aims to ensure that banks have sufficient assets that they can mobilise as collateral with the Eurosystem to participate in the liquidity-providing operations and to continue providing funding to the euro area economy.