Sector Regulation Sector Regulation

EU banks to be stress-tested against 12.9 percent drop in economic growth

By Jack Schickler
  • 29 Jan 2021 11:30
  • 29 Jan 2021 11:27

Fifty EU banks will be stress-tested to see how they perform against a punishing 12.9 percent plummet in economic growth, the European Banking Authority said today. 

EBA officials have attempted to meet head-on criticism that their stress tests treat the likes of Italy and Greece with kid gloves — but continue

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