Eurozone bad bank would be ‘incredibly complex’, say experts

Eurozone bad bank would be ‘incredibly complex’, say experts

Jasper Cox,

Tom Brown

April 20, 2020 05:00 PM

ECB_PA_575x375_20April2020 — 19 March 2020, Hessen, Frankfurt/Main: Water has settled in the glass welcome sign with a euro symbol at the southern entrance to the headquarters of the European Central Bank (ECB). In the fight against the consequences of the coronavirus crisis, the European Central Bank (ECB) has made 115 billion euros available to the banks in the euro zone in a long-term refinancing transaction. Photo: Frank Rumpenhorst/dpa | Frank Rumpenhorst/DPA/PA Images

Any attempt to create a eurozone bad bank is likely to face many challenges, both political ones over support for the banking sector and practical ones in creating an institution dealing with non-performing loans from across Europe, market experts have said.

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Jasper Cox

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Tom Brown