Impaired assets such as non-performing loans (“NPLs”) continue to pose significant problems across the EU. When possible solutions are being considered, “bad banks” or similar impaired asset relief measures are often discussed. However, if they involve support by the State such measures need to be compliant with a set of EU law provisions. This article […]
Christophe Galand
After several years in the banking sector (working in asset management and bond syndication), Christophe joined the European Commission's Directorate-General for Competition in 2004, more specifically in a unit controlling the aid granted by the Member States to industrial firms in difficulty. Since 2009, he has been working in the Task Force Financial Crisis which controls the aid granted by the Member States to their financial institutions in difficulty, first as Deputy Head and then as Head of Unit. He holds a Master in Economics.