Tuesday

27th Jun 2017

Ticker

Banks shore up capital, EU-wide stress test finds

The European Banking Authority published late on Friday results of the 2016 EU-wide stress test of 51 banks covering around 70% of banking assets across the EU. The sector has "significantly shored up its capital base", it concluded. Shortly before the test results came out, Italian lender Banca Monte dei Paschi suffered losses exceeding its entire capital base and announced a €5bn rescue plan.

Opinion

Duda project could trump Visegrad Group

The US president’s visit to Warsaw, ahead of the G20 meeting in Hamburg, puts a spotlight on a new EU eastern region initiative.

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