Alte stiri din categoria: EUROPA



ENGLISH

EBA confirms banks solid capital and liquidity positions but warns about asset quality prospects and structurally low profitability

EBA confirms banks solid capital and liquidity positions but warns about asset quality prospects and structurally low profitability (EBA statement): - Ratios of non-performing loans (NPL) stable, but increasing proportion of Stage 2 and forborne loans. - Total assets increase by detalii

Noutati EBA

Guidelines on legislative and non-legislative moratoria on loan repayments applied in the light of the COVID-19 crisis

Guidelines on legislative and non-legislative moratoria on loan repayments applied in the light of the COVID-19 crisis – Consolidated version updated on 2 December 2020 1. Executive summary The outbreak of the COVID-19 pandemic and the response detalii

Noutati EBA

The EBA reactivates its Guidelines on legislative and non-legislative moratoria

After closely monitoring the developments of the COVID-19 pandemic and, in particular, the impact of the second COVID-19 wave and the related government restrictions taken in many EU countries, the European Banking Authority (EBA) has decided to reactivate its Guidelines on legislative and non-legislative moratoria. This reactivation will ensure that loans, which had previously not benefitted from payment moratoria, can now also benefit from them. The role of banks to ensure the continued flow of lending to clients remains of utmost importance and with the reactivation of these Guidelines, the EBA recognises the exceptional circumstances of the second COVID-19 wave. The EBA revised Guidelines, which will apply until 31 March 2021, include additional safeguards detalii

ENGLISH

Charles Michel, President of the European Council: More than half a trillion Euros are now available to shield European Union countries, workers and businesses

Charles Michel, President of the European Council: "The agreement of the Eurogroup is a significant breakthrough. More than half a trillion Euros are now available to shield European Union countries, workers and businesses. With this unparalleled package we shoulder the burden of the crisis together. This compromise is aimed at quick targeted relief." The deal of the Finance Ministers focuses on support for Europe´s economies. The European Stability Mechanism will provide pandemic crisis support, in the form of precautionary credit lines. Second, a temporary solidarity instrument should be established to provide Union´s loans granted on favourable terms to EU Member States with a view to protecting workers and jobs in the current crisis. And detalii



Ultimele Comentarii