Intermoney | The ECB has published devastating data on the Eurozone banks. It revealed a ROE of 0.01% in Q2’20 compared with 6.01% a year earlier; a figure that was negative in the major institutions in 7 of the 19 countries in the euro area. In this context, non-performing loans remained almost stable at €503 Bn, allowing the NPL rate of the large banks in the EMU to fall to 2.94%. This was in a fictious manner, however, as it was thanks to state guarantees and, above all, the moratoriums on loan payments.