EU stress tests to kill off weak banks, experts say

As the debate over the credibility of Europe's banking sector stress tests continues to rage, analysts say the EU's refusal to openly discuss a framework for national debt restructuring has placed the bloc's politicians in an intractable bind. In addition, observers say the tests are likely to see consolidation in the sector.

With results from the tests set to be published on Friday week (23 July), concern is centered on whether market participants will consider the criteria used to as...