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Statement by European Parliament President, Antonio Tajani, following the publication of the Addendum by the ECB's Banking Supervision on non-performing loans

Press Release

“We have begun scrutiny of the newest Addendum on non-performing loans published today by the European Central Bank Banking Supervision. The European Parliament will assess whether it is in line with its legislative prerogatives.

A first read of the Addendum appears to show that the Banking Supervision has taken into account the concerns expressed by the European Parliament, making the non-binding nature of the Addendum and its application on a case-by-case basis more clear.

Nevertheless, it is appropriate that the Addendum now move within the framework that the European Parliament and Council will set through the co-decision procedure, following the proposal on non-performing loans published yesterday by the European Commission."

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