Erdinç, Didar; Abazi, Eda - In: Journal of Economics and Political Economy 1 (2014) 2, pp. 112-125
The emerging Europe has been hardest hit by the surge in the non-performing loans (NPLs) in the aftermath of the global financial turbulence and the crisis-induced recession. The surge in the NPLs generated a severe banking distress, and left a legacy of a debt overhang that dramatically...
