European banks have been urged to scour their balance sheets for bad loans amid growing concerns that write offs across the eurozone could exceed the 2008/09 financial crisis. Andrea Enria, chair of the European Central Bank’s (ECB) supervisory board, told the German business daily Handelsblatt on Monday that a prolonged second wave of the coronavirus …
The post Coronavirus: Europe’s banks struggle to survive a second wave first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John
https://www.hellenicshippingnews.com/coronavirus-europes-banks-struggle-to-survive-a-second-wave/