Lehmann, Alexander, (2016), “Can public support help Europe build distressed asset markets?”, Bruegel, 29 November
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.
- Panagiotarea, Eleni, (2016), “The Political Economy of NPLs resolution: Ownership and conditionality”, Hellenic Observatory LSE, 13 October
- Demertzis, Maria, (2016), “A framework for thinking about bad loans”, Bruegel, 18 October