Brussels, 25/02.2003 (Agence Europe) - On Monday the European Central Bank (ECB) worked on Monday to dissipate the concerns faced by EU banks, asserting that the European banking system has greater resilience and that German banks are not facing a crisis. The European banking system is capable of resisting both an economic slowdown and shocks caused by a possible war in Iraq. Writes the ECB in a report on bank stability in the European Union.
European banks continue to have an ability to...