Regarding incentives, the government should set a clear baseline for the recovery of the non-performing assets, and establish an effective incentives system that will encourage the asset management companies to make the greatest efforts in recovering the assets. Problems will occur in the market-based disposal of non-performing assets if any of the above-mentioned measures are not taken properly. What can the government do?
Indisputably, one of its main accomplishments is the introduction of a single currency and the set-up of a federally-structured European System of Central Banks. No historical precedent exists for such a structure. It is unique.