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Can public support help Europe build distressed asset markets?

Lehmann, Alexander, (2016), “Can public support help Europe build distressed asset markets?”, Bruegel, 29 Νοεμβρίου

Distressed asset investors can relieve banks of their NPL overhang and offer valuable restructuring expertise, although banks will need to realise a further valuation loss. Regulators could do a lot to support the growth of this market.

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