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ECB mulls shelving rules tackling euro zone's bad loans pile

Updated : April 24, 2018 06:11 AM IST

The guidelines, which were expected by March, had been presented as a main plank of the ECB's plan to bring down a 759 billion euro pile of soured credit weighing on euro zone banks.
if the rules were scrapped, supervisors would look to continue putting pressure on problem banks using existing powers.
ECB mulls shelving rules tackling euro zone's bad loans pile

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