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Loan

World news about “Loan” published by euronews.

22/09 18:47 CET

EU faces danger from nonperforming loan overhang

EU faces danger from nonperforming loan overhang

New data reveals Europe may be sitting on top of a time bomb of non-performing debt, most of it locked into the struggling economies of the south. Thousands of businesses and households are struggling with payments, and banks have piles of non-performing loans eating into their…