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Europe Daily Bulletin No. 10420

16 July 2011
GENERAL NEWS / (ae) eu/banking
8 banks fail and 16 banks scrape through stress tests

Brussels, 15/07/2011 (Agence Europe) - On Friday 15 July, the European Banking Authority (EBA) published the results of the 2011 stress tests on 90 European banks accounting for more than 65% of European assets. The results come at the end of a week of high tension of the financial markets due to the lingering sovereign debt crisis (see EUROPE 10340). Taking account of capital raising that has enabled European banks to find an extra €50bn as at the end of April this year, the EBA comments...

Contents

THE DAY IN POLITICS
GENERAL NEWS
CALENDAR OF EVENTS