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Draghi going heavy on NPLs

Discussion in 'Fundamental Analysis' started by ForexLive, Jul 21, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    DRaghi is once again pushing governments and the European Commission to sort out NPLs It's as if he's making a case here and it's potentially a big rabbit hole to go down. The banks were supposed to sort their crap out by now but NPLs are still a millstone around many a neck, not least in Italy. I'd expect some fightback from this from Europe.

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