My focus will then be the recent developments in tackling the Greek non-performing loans problem including the two recent systemic proposals, one by us at the Bank and one by the HFSF. 2. NPLs: The broader context across the European banking sector a.
Recent developments NPL ratios continued to decline last year across the European Union, confirming the overall trend of improvement over recent years. The latest figures show that the gross NPL ratio for all EU banks further declined to 3.4% (Q3 2018), to the lowest level since 2014, indicating that the NPL ratio is approaching pre-crisis levels again (Chart 2).