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ECB takes tougher line on shipping loans

This is crucial for many banks in eurozone's powerhouse Germany

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The European Central Bank (ECB) is taking a hard line on the controversial issue of how shipping loans should be valued in a wide-ranging review into the health of the eurozone's banks, several sources familiar with the matter said. - PHOTO: AFP

[FRANKFURT] The European Central Bank (ECB) is taking a hard line on the controversial issue of how shipping loans should be valued in a wide-ranging review into the health of the eurozone's banks, several sources familiar with the matter said. The ECB is making sure the eurozone's most

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