- Media Type
- Document
- Media Date
- September 24, 2015
- Additional Information
- 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
- Crisis
- Global Financial Crisis (2007-2009)
- Intervention
- Bad Bank
- Content Type
- Policy Paper
- Publisher(s)
- International Monetary Fund (IMF)
- Author(s)/Creator(s)
- Shekhar Aiyar Wolfgang Bergthaler Jose M. Garrido Anna Ilyina Andreas Jobst Kenneth Kang Dmitriy Kovtun Yan Liu Dermot Monaghan Marina Moretti
- Source
- SDN/15/19
- Language(s)
- English
- Type(s)
- Intervention
- Case Series
- Restructuring and Forgiveness in Financial Crises
- Country(ies) or Region(s)
- European Union
