NPL reduction should be balanced-Tajani (2)

EP president comments on new ECB rules

(ANSA) - Rome, October 6 - European Parliament President Antonio Tajani said the reduction of non-performing loans on banks' balance sheets, a big problem for Italian lenders, should be done in a "balanced" way. "The necessary reduction of the NPLs must take place in a balanced way in order to avoid heightening the banks' difficulties or being harmful to the growth of firms and the economy," Tajani told Italian banking association ABI.
    He said new European Central Bank rules should take account of the need for flexibility.
   

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