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Europe Daily Bulletin No. 10467

6 October 2011
Contents Publication in full By article 10 / 31
GENERAL NEWS / (ae) eu/banking
Commission defends stress tests amidst concerns about Dexia

Brussels, 05/10/2011 (Agence Europe) - Like with the collapse of the Irish banking industry in 2010, the problems facing Franco-Belgian bank Dexia have raised new questions about the credibility of the 2011 bank stress tests coordinated by the European Banking Authority (EBA) in the first half of the year, tests that Dexia passed with flying colours. The European Commission says that the fact that Dexia sailed through the tests did not reflect badly on the tests themselves because the...

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