KM Financial Solutions | Germany’s Schaeuble backs ECB plans on bad loans
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Germany’s Schaeuble backs ECB plans on bad loans

Germany’s Schaeuble backs ECB plans on bad loans

LUXEMBOURG, Oct 10 (Reuters) – German Finance Minister
Wolfgang Schaeuble expressed support on Tuesday for European
Central Bank (ECB) proposals that would force banks to set aside
more cash against newly classified bad loans from 2018.

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