Rising bad debt at European banks – particularly those in Portugal, Spain and Italy – has taken a prominent position in the spotlight in the wake of the Brexit vote. While high levels of non-performing loans in certain areas of Europe are not exactly news, fears over a general economic contraction in Europe are focusing new attention on the problem.
The real question is: what happens next?
This content requires free registration (unlocked content) or a Finadium subscription. Log in or get access today by signing up here.
