Trichet: Europe Close to Completing Bank Stress Tests

Europe is close to completing stress tests on its banks to gauge their ability to withstand a market slump and the results should be published to help restore market confidence, top European Central Bank officials said on Saturday. The ECB said last week that euro zone banks faced potential writedowns totaling 195 billion euros by the end of 2011 – Reuters

Be the first to comment

Leave a Reply

Your email address will not be published.


*