Non Performing Loans in Cyprus and the EU have been reduced, according to Commission Staff Working Document

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Non Performing Loans in Cyprus and the EU have...
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Non Performing Loans ratios have been falling in nearly all Member States, although the situation differs significantly across Member States, according to a communication and relevant staff working document, produced by the European Commission and sent for consultation in the Council of the Member States.

As far as it concerns Cyprus, the staff working document states that “according to ECB data, the NPL ratio dropped from 37.6% in June 2016 to 33.4% in June 2017. Private sector NPLs were rather stable, moving from 56.2% in June 2016 to 52.7% in June 2017”.

According to...


Non Performing Loans in Cyprus and the EU have been reduced, according to Commission Staff Working Document


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