It will be easier for banks to sell non-performing loans to third parties, including to so-called vulture funds, under new plans announced by the European Commission.

Greece is on target to tap bond markets for money again by the end of this year and exit its bailout programme next summer, representatives from the country's European creditors said.

The biggest buyer of soured real-estate debt in Europe says disposals of non-performing loans from across the continent’s banks and governments will continue until at least 2021.