Informed observers also expect the ECB to find evidence of regulatory forbearance inthese markets, whereby supervisors have allowed banks to fudge the level of non-performingloans on their books, restructuring loans and easing repayment terms instead of takingwrite-downs. Adjusting for this could also open up capital holes. A process devised byGermany and France to shore up confidence in weak banks on Europes periphery may endup hitting a quite unexpected target.
消息灵通的观察家同时预计欧洲央行将找到在这些市场监管纵容的证据,在这些市场,监管机构允许银行在资产负债表上对不良贷款程度作假,重组贷款,延长还款期,而不是采取减记。对此作出调整可能会导致资金缺口。由法国德国设计的提振欧洲外围国家银行信心的方法可能会以击中一个意想不到的目标而告终。
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