November 30, 2017 / 1:07 PM / a year ago

ECB's Nouy says months needed to finish rules on new bad loans

FRANKFURT, Nov 30 (Reuters) - The European Central Bank likely needs a few more months to complete its contested new rules on loans that sour if it is to take all feedback from banks and others into account, its chief supervisor said on Thursday.

“A few additional months are probably needed,” Daniele Nouy told a hearing on the new rules. (Reporting by Francesco Canepa; Editing by Alison Williams)

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