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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