22 Jul 2011

The second EU bank stress test: Further work in progress

Karel Lannoo

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In his evaluation of the results from the 2nd EU bank stress test published 15 July 2011, CEPS CEO Karel Lannoo finds clear improvement compared to the first test, thanks in part to the new institutional set-up. He notes, however, that much works remains to be done on the substantive side to further calibrate the results and extend it to a broader sample of the EU banking sector.