Comment on Europe touts banks' health after 'stress tests'

Europe touts banks' health after 'stress tests'

Only seven banks, five of them regional institutions in Spain, fail to pass scrutiny by regulators looking at 91 banks to see whether they held enough assets to weather another economic downturn. Europe's banks are in relatively sound health, with only a handful in danger of stumbling badly if recession returns or the continent's debt crisis worsens, according to results Friday of banking "stress tests" that some critics say may have been too easy.

 

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