Non-Performing Loan (NPL) ratios in countries like Italy, Portugal and Spain have started to decrease sharply, but as Corrado Macchiarelli, Renato Giacon, Andromachi Georgosouli and Mara Monti write, this has received relatively little media attention in comparison to previous fears over the accumulation of NPLs in the EU. They explain that despite the lack of headlines about NPLs, one […]

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