With an eye on reducing risks in the banking sector by forcing financial institutions to set aside more money against new loans from turning bad and favouring the rapid offloading of their existing stocks of bad debt, the European Commission on Wednesday presented its newmeasures aimed at tackling Non-Performing Loans (NPLs).
Wednesday's proposals by Vice-President Valdis Dombrovskis are part of a package that the EU Commission has put forward in recent months to help banks raise lenders' capit...

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