{"id":44810,"date":"2015-09-16T02:27:23","date_gmt":"2015-09-16T00:27:23","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/snl-financial-report-italy-eyes-e100b-bad-bank-solution-to-npl-woes\/"},"modified":"2019-12-31T00:01:25","modified_gmt":"2019-12-30T23:01:25","slug":"snl-financial-report-italy-eyes-e100b-bad-bank-solution-to-npl-woes","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/snl-financial-report-italy-eyes-e100b-bad-bank-solution-to-npl-woes\/","title":{"rendered":"SNL Financial Report: Italy eyes \u20ac100B bad bank solution to NPL woes"},"content":{"rendered":"<p>Excerpt: Nonperforming loans remain a critical problem for Italy and Europe.<\/p>\n<p>The Italian government continues to press for a bad bank solution, which the Bank of Italy suggested in its July stability report might contain \u20ac100 billion in sofferenze, the worst level of bad debt. According to the ECB, there are \u20ac1 trillion worth of NPLs in Europe, most of which are held in the peripheral states of Cyprus, Greece, Spain, Portugal and Italy. Equivalent to 9% of eurozone GDP, the volume is a major drag on lending, investment and growth.<\/p>\n<p>Italy had \u20ac350 billion of NPLs in 2014 and \u20ac197 billion of sofferenze, according to the central bank, which noted that these figures continue to rise. SNL Financial data for 13 Italian lenders shows an aggregate \u20ac275.6 billion in NPLs as of the end of June.<\/p>\n<p><a href=\"http:\/\/www.next-finance.net\/http:\/\/beta.next-finance.net\/wp-content\/uploads\/2015\/09\/breakdown_of_non_performaing_loan.jpg\"><img loading=\"lazy\" class=\" aligncenter size-full wp-image-44808\" src=\"IMG\/jpg\/breakdown_of_non_performaing_loan.jpg\" alt=\"breakdown_of_non_performaing_loan.jpg\" align=\"center\" width=\"1001\" height=\"539\" \/><\/a><div id='gallery-1' class='gallery galleryid-44810 gallery-columns-3 gallery-size-herald-lay-c1'><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a class=\"herald-popup\" href='http:\/\/beta.next-finance.net\/wp-content\/uploads\/2015\/09\/breakdown_of_non_performaing_loan.jpg'><img width=\"470\" height=\"313\" src=\"http:\/\/beta.next-finance.net\/wp-content\/uploads\/2015\/09\/breakdown_of_non_performaing_loan-470x313.jpg\" class=\"attachment-herald-lay-c1 size-herald-lay-c1\" alt=\"\" loading=\"lazy\" srcset=\"http:\/\/beta.next-finance.net\/wp-content\/uploads\/2015\/09\/breakdown_of_non_performaing_loan-470x313.jpg 470w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2015\/09\/breakdown_of_non_performaing_loan-300x200.jpg 300w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2015\/09\/breakdown_of_non_performaing_loan-414x276.jpg 414w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2015\/09\/breakdown_of_non_performaing_loan-640x426.jpg 640w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2015\/09\/breakdown_of_non_performaing_loan-130x86.jpg 130w, http:\/\/beta.next-finance.net\/wp-content\/uploads\/2015\/09\/breakdown_of_non_performaing_loan-187x124.jpg 187w\" sizes=\"(max-width: 470px) 100vw, 470px\" \/><\/a>\n\t\t\t<\/div><\/figure>\n\t\t<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Italian banks&#8217; nonperforming loans represent one of the key challenges to the country&#8217;s weak recovery. The Bank of Italy has suggested a \u20ac100 billion bad bank.<\/p>\n","protected":false},"author":20,"featured_media":44808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1671,1651,1437,1803],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/44810"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=44810"}],"version-history":[{"count":1,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/44810\/revisions"}],"predecessor-version":[{"id":44811,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/44810\/revisions\/44811"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/44808"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=44810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=44810"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=44810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}