After the postponement of the 2020 edition due to the Covid-19 pandemic, on Friday 29 January the European Banking Authority (EBA) initiated the 2021 stress test of 50 major European banks covering nearly 70% of banking assets in the EU plus Norway. Results are expected at the end of July.
The scenarios envisaged take into account current concerns about a possible deterioration of the economic situation that could result from a prolongation of the pandemic, which would be characterised in...