Scenario of 1.4 trillion euros in NPL's in Europe after pandemic less likely: ECB's McCaul to paper
By DavidElliott in News
Updated 3 years ago
The European Central Bank's worst-case scenario of non-performing loans at EU banks reaching 1.4 trillion euros ($1.70 trillion) at the end of pandemic "is less likely to occur", a member of its Single Supervisory Board told Il Sole 24 Ore.