EBA says stress test review planned
The European Banking Authority emphasised on Thursday that its review of bank capital positions was in line with plans announced at the time of the stress tests in July. The news came as markets opened stronger for the second day running on Thursday, on reports that European leaders were mulling bank recapitalisations.
A funding official at a European bank said that news of bank recapitalisations was positive, but that it was likely to be some time perhaps the second quarter of next year before the real effects could be seen.
The official also pointed the fact that the
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