Euro-Zone Bank-Stress-Test Passed ? It is quite remarkable, such as the media, to explain the recent stress test of the banks in the Euro zone, more or less as passed. They would go forth and preach that instead of the feared 30 banks which would not pass the guidelines for this test would only have failed 25 of the 130 examined banks, and so all is well and a success. Also that meanwhile 12 of these institutions already increased their equity during the test, and at the bottom line only 13 banks did not really pass the test, is a very good sign they mean. Among the 13 failed banks are two institutes from Greece, one from Cyprus, the French-Belgian Dexia, as well as four Italian banks. The largest capital-hole found the ECB at the Italian Monte dei Paschi, with 2.1 billion euros. Parsifal, October 27, 2014 The problem with the so-called financial journalists is they cant read or understand the terms and digits. Because, if they properly studied and understood the report of the ECB AGGREGATE REPORT ON THE COMPREHENSIVE ASSESSMENT (.pdf), they would have reported about the state of the banking system of the Euro-zone quite different. Namely, the situation is catastrophic, and even scary ! The Euro-zone is broke ! MORE>>>> lovingenergies.net/pt/Euro-Zone-Bank-Stress-Test-Passed-/blog.htm
Posted on: Tue, 28 Oct 2014 11:24:36 +0000
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