Exchange Rates

New Round of EU Bank Tests Slated for February

Posted by Scott Boyd at 8:50 am UTC, 12/07/2010

EU Monetary Affairs Commissioner Olli Rehn announced today that banks in the European Union will be subjected to a new series of stress tests starting next February. The announcement followed a meeting of the EU finance ministers resulting in a message that the eurozone was on track for a recovery but the banking sector remained a risk.

Source: BBC News

Filed under: Forex Round Up, EUR

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