Getting Stressed About European Stress Tests

摘要

Global investors will be scrutinizing the results of stress tests for clues to the health of European banks-and they want as much detail as possible. European finance ministers have pledged to oblige when they release results on July 23. "It is clear we want to go to maximum transparency," said Belgian Finance Minister Didier Reynders at a July 13 press conference. Yet European Union finance officials are still debating how much detail from the tests of 91 banks to disclose and how to manage publication of the results.