No doubt, this will be of interest to those analysing the underlying differences in financial structures and performance across the euro area. These examples highlight how supervisory actions alone in the euro area cannot solve this problem. Recognising this interdependence and working together remains one of Europe’s and European Institutions’ greatest strengths.
Concerted action on this issue is needed from all stakeholders in the euro area over the coming years. Conclusion As the recovery in the euro area growth continues at a moderate but steady pace, this should assist the capacity to address the problem of non-performing loans.