The European Commission has referred Bulgaria , along with Spain, Hungary, the Netherlands, Austria, Portugal, and Finland, to the Court of Justice of the European Union for failing to transpose the Non-Performing Loans (NPL) Directive into their national legislation. The directive is designed to facilitate the development of a functional secondary market for non-performing loans by setting out rules for the licensing and supervision of loan purchasers and servicers, as well as establishing

Tag-uri: Austria