{"product_id":"9781513511658","title":"A Strategy for Resolving Europe's Problem Loans","description":"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 discussion note uses a new survey of European country authorities and banks to examine the structural obstacles that discourage banks from addressing their problem loans. A three pillared strategy is advocated to remedy the situation, comprising: (i) tightened supervisory policies, (ii) insolvency reforms, and (iii) the development of distressed debt markets.","brand":"INTERNATIONAL MONETARY FUND","offers":[{"title":"Default Title","offer_id":47182266368240,"sku":"9781513511658","price":5.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781513511658_p0.jpg?v=1763726151","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781513511658","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}