The European Commission has concluded that seven countries – Romania, Germany, Spain, France, the Netherlands, Portugal and Sweden – continue to have excessive imbalances, according to its spring edition of a report regarding the situation across European Union (EU) Member States.
France’s BNP Paribas is interested in selling Cetelem's operations in the region, market sources say. It would like to sell the whole package to a single buyer, but in some cases, there is interest only for one country, such as Romania.