The European Commission has named its new creation, somewhat un-snappily, “Accelerated Extrajudicial Collateral Enforcement” or “AECE” for short

The European Commission has named its new creation, somewhat un-snappily, “Accelerated Extrajudicial Collateral Enforcement” or “AECE” for short 1. EUs Accelerated Extrajudicial Collateral Enforcement Concerns around the high NPL ratios found in several EU countries continue to dominate the European agenda on banking stability and prudential measures and appear...

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