EU establishes plan for bad loan roundtable

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EU establishes plan for bad loan roundtable

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12 September 2020, Berlin: Valdis Dombrovskis, EU Vice-President and Commissioner for Economic and Capital Services, makes a statement on the second day of the informal meeting of EU economic and finance ministers. Photo: Odd Andersen/AFP | Odd Andersen/DPA/PA Images

The European Commission will meet with governments and industry this month to flesh out a plan for how to deal with a build-up of bad loans on bank balance sheets.

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