What does Enria’s visit to Greece signal?

Updated 2.   The slowdown in the Greek economy caused by the coronavirus has triggered growing concerns among banks and…

The Bank of Greece is working on a plan for the creation of a “bad bank” to which all nonperforming loans (NPLs) of banks will be transferred. Still, as reported by the FT, the EC recently rebuffed an ECB proposal for a euro zone-wide bad bank.