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What began as a relatively localized crisis in Greece in early 2010 soon escalated to envelop Ireland and Portugal. By the second half of 2011, the contagion ha
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Europe’s banking system is weighed down by high levels of non-performing loans (NPLs), which are holding down credit growth and economic activity. This discus
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This book tells the inside story of those who played key roles in setting up the organisations and combatting the crisis. In exclusive interviews, global financ
The Global Financial Crisis
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Although banking and sovereign debt crises are not unusual, the crisis that has unfolded across the world since 2007 has been unique in both its scale and scope
Nonperforming Loans in Asia and Europe—Causes, Impacts, and Resolution Strategies
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High and persistent levels of nonperforming loans (NPLs) have featured prominently in recent financial crises. This book traces NPL trends during and after cris