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Europe Daily Bulletin No. 10421

19 July 2011
Contents Publication in full By article 11 / 37
GENERAL NEWS / (ae) eu/banking
Barnier says stress tests are earnest and credible

Brussels, 18/07/2011 (Agence Europe) - On Monday 18 July, EU Internal Market Commissioner Michel Barnier said that the European Banking Authority (EBA) had done good work with the bank stress tests, and the introduction of greater transparency, stricter tests and better checking of the results had made the 2011 tests earnest and credible. He said that criticisms went in both directions with on the one hand, the EBA being criticised for making the tests too tough, and on the other hand, for...

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