Brussels, 25/09/2013 (Agence Europe) -A report on the impact of the Basel III requirements published by the European Banking Authority (EBA) on Wednesday 25 September shows that European banks are better capitalised. As at 31 December 2012, combined capital deficit of 42 big European banks (active internationally and with common equity tier one capital ratios of above €3 billion) stood at €2.2 billion below the minimum requirement of 4.5% and €70.4 billion below achieving the 7% target set this year for the biggest banks (“globally-systemic” banks). Compared with the previous exercise, based on 30 June 2012 data, the report estimates a decrease in the capital shortfall of €29.1 billion (equivalent to 29.3%). (MB/transl.fl)