comments on euro zone and india
The Center of the Universe » EU 2013-12-20
Summary:
Do you think they know austerity causes loans to go bad? Troubled loans at Europe’s banks double in value (FT) European banks’ non-performing loans have doubled in just four years to reach close to €1.2tn and are expected to keep rising. A report by PwC found that non-performing loans (NPLs) rose from €514bn in 2008 [...]