The Founder and President of the Euro-Mediterranean Economists Association – EMEA, Prof. Rym Ayadi was one of the experts interviewed in the article “Tourism exposures could be post-pandemic pain point for Southern European banks”, which was published by S&P Global Market Intelligence.
Prof. Ayadi said that neither government support measures nor loan moratoria can go on forever, and this raises serious concerns about what will happen to both the tourism industry and the lenders that support it. She highlighted that banks will eventually see an uptick in nonperforming loans from the tourism sector due to the pandemic.
You can read the full article at https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/tourism-exposures-could-be-post-pandemic-pain-point-for-southern-european-banks-60093268
