LONDON, April 27 (Reuters) - Banks in the European Union are
to get more capital relief to help companies struggling in the
coronavirus pandemic and avoid crippling provisions for loans
hit by a looming deep recession, sources said on Monday.
The bloc's financial services chief Valdis Dombrovskis is
expected to propose this week that the EU will "emulate in some
form" a move by the Federal Reserve to allow banks to ease how
they calculate their leverage ratio, sources familiar with the
package said.
(Reporting by Huw Jones, editing by Louise Heavens)