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Véron, Nicolas
17 December 2010

Nicolas Véron - European bank stress tests: third time lucky?


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Véron spricht über den europäischen Streßtest für Banken und dessen Schlüssel zum Erfolg. Der Test ist für Februar 2011 vorgesehen.


Systemic bank crises are always difficult to resolve and almost never self-correcting - even with low central-bank rates, retained earnings cannot plug all holes after a major shock. What is needed is a government-led process of ruthless triage, recapitalization, and restructuring of the system’s most important banks.



© Bruegel

Documents associated with this article

101215_op-ed_nv_european_bank_stress_tests_third_time_lucky[1].pdf


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