20) Echoing point 17, we face real
problems on bank balance sheets from commercial real estate lending.
Not exact matches
Tasked with avoiding a new financial crisis, the ECB is putting pressure
on banks to clean up their
balance sheets from unpaid loans inherited from the last recession, a
problem for most countries in the south of Europe, as well as Slovenia and Ireland.
While the US and the UK are generally emerging from these
problems — both
on account of their more thorough - going
balance sheet repair and because of their more successful conduct of QE operations by their central
banks — they nevertheless must attempt to recover and grow in an environment that is adversely affected by the policy missteps in the Euro - area and Japan.