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Europe Daily Bulletin No. 9990

3 October 2009
GENERAL NEWS / (eu) eu/ecofin
EU banks pass stress test

Göteborg, 02/10/2009 (Agence Europe) - Meeting in Gothenburg in Sweden on Thursday 1 October 2009, European Union finance ministers and central bankers were briefed about the outcome of research by the Committee of European Banking Supervisors (CEBS) on the ability of 22 pan-European banks to survive any further deterioration of the economic and financial situation. Within the parameters set out in these stress tests (a 5.2% fall in EU GDP in 2009 and a 2.7% fall in 2010), the potential...

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