Brussels, 07/07/2011 (Agence Europe) - After downgrading Portugal's credit rating, US credit rating agency Moody's said in the evening of Wednesday 6 July that 26 European banks would fail the stress tests being run by the European Banking Authority (EBA). “Of the 91 EU banks subject to the EBA's 2011 stress test, Moody's believes that 26 rated banks have a heightened risk of needing extraordinary external support. Moody's notes that the EBA's 2011 stress assumptions do not assume a...