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Comment: EU banks’ Covid sour loans given supervisory kid gloves

By Jack Schickler ( December 2, 2021, 14:47 GMT | Comment) -- The EU banking sector was offered a few rays of hope in a blog post from European Central Bank regulators this week on how to deal with the rise in sour loans caused by Covid-19. While supervisors offer stark warnings in the media about underprovisioning for losses, a recent blog by the ECB's Elizabeth McCaul suggests they are taking a generous and flexible stance towards lenders.The EU banking sector was offered a few rays of hope in a blog post from the European Central Bank regulators this week on how to deal with the rise in sour loans caused by Covid-19. ...

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