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Monday, April 30, 2018

Euro zone banks continue to work off bad debt: ECB

Non-performing loans at banks supervised by the ECB fell to 721 billion euros by the end of last year from 759 billion a year earlier with Italy, Spain, Ireland, Portugal and GREECE all making progress, the data showed. Tackling bad debt has been a key priority for the ECB as the massive pile of soured ...


READ THE ORIGINAL POST AT www.reuters.com