the ecu important bank (ECB) is scrapping plans to force euro region banks to report on its database any bad mortgage really worth as little as a hundred euros ($112) after a backlash from lenders, it said on Friday.
the new threshold might be 25,000 euros, as it is for all other kinds of credit.
The trade follows a consultation with stakeholders about the introduction of the ECB’s euro sector-huge credit database, Anacredit, a venture begun in 2011 and with statistics series because of begin in September 2018, six months later than planned.
