VoxEU Video

Tackling Bad Loans

The Global Crisis continues to cast a show over Europe in the form of the persistent weakness of its financial systems. In this video, Marco Onado discusses the role of non-performing loans (NPLs) in causing these weaknesses, and suggests how they could be resolved using a form of securitisation that imposes limited costs on both the banks and public finance. This video was recorded at the RELTIF book launch held in London in January 2018.