|Author (Corporate)||Council of the European Union|
|Publisher||General Secretariat of the Council|
Set of conclusions adopted by the Council of the European Union on 11 July 2017, setting out guidelines for an Action Plan aimed at tacking Non-Performing Loans (NPLs) in Europe.
NPLs are bank loans that are more than 90 days past-due or are unlikely to be repaid in full without requiring the sale of collateral.
The conclusions outline a mix of policy actions to help reduce stocks of NPLs and to prevent future emergence. On the basis of an expert report, the Council highlighted the need for action as regards:
The set of conclusions was adopted during a meeting of the Council of the European Union on 11 July 2017.
|Subject Categories||Economic and Financial Affairs|
|Subject Tags||Banking Union, Financial Services|
|Keywords||Banks | Banking, Non Performing Loan [NPL]
|International Organisations||European Union [EU]|