Non-performing loans (NPLs): a critical stock-take

Описание: Speakers:
Nicoletta Mascher (European Stability Mechanism)
Charles-Antoine Dozin (Morgan Stanley)
Nicolas Véron (Peterson Institute for International Economics and Bruegel)

Moderator: Elena Carletti (Bocconi University and Florence School of Banking and Finance, European University Institute)

Recording of the online seminar held on 29 October 2020.
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As a result of COVID-19, Non-Performing Loans (NPLs) are on the rise in Europe and globally. The Covid-19 pandemic has indeed halted the already fragile European economy. As the latest global financial crisis confirmed it – higher levels of NPLs slowed down economic recovery and deepened recession. In this context, containing and possibly reducing NPL levels is proving to be a major challenge, both for market participants and for policy-makers. The too timid economic recovery indicators combined with the weak macroeconomic context and structural issues will no doubt put NPLs high on the policy agenda.

Against this background the purpose of this online debate is to review the lessons learned from the previous financial crisis, explore the suite of possible solutions and discuss how to better prepare for handling new NPL surges in the future.

More information: https://fbf.eui.eu/event/online-debat...


The views and opinions expressed in this video are those of the speakers or authors in their personal capacity and do not necessarily reflect the official position of the Robert Schuman Centre or the European University Institute. *