Tackling Europe’s crisis legacy: a comprehensive strategy for bad loans and debt restructuring
Eight years after the start of Europe’s financial crisis, the legacy of non-performing loans and excessive private debt remains a key...
A framework for thinking about bad loans
The attempt to address the problem of non-performing loans in the EU should tackle both sides of credit creation at once. On the demand...
Graph of the week: too big to fail?
This is truely an amazing picture. And I don't think that it looks any different in Europe. What this means is two things: we have not...