The European Central Bank (ECB) has postponed its new guidelines for banks because if it did not, the Italian banking system would simply collapse. The ECB has given Eurozone area banks more time to adapt to new guidelines on how to deal with bad loans. The deadline has been postponed from 2018 off into 2021. The new rules require banks to increase their capital ………………
Eurozone Banking Crisis – ECB Delays Rules for Bad Loans until 2021
Nur die Lüge braucht die Stütze der Staatsgewalt, die Wahrheit steht von allein aufrecht.
— Thomas Jefferson
