#AFNews – ECB calls for national bad banks to help buy unpaid loans Reuters reported on Friday – #AceNewsDesk – @AceFinanceNews

#AceFinanceNews – Feb.03: The European Central Bank’s Vice President called on Friday for the creation of government-backed bad banks to help soak up some of the euro zone’s 1 trillion euros pile of unpaid loans stemming from the financial crisis – #AceNewsDesk reports

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