Even if a new crisis set in, the European banks would resist. The results of the stresstests the European Central Bank has done by 22 European banks are apparently satisfying. The majority of the participating banks would keep upright even if the real estate market decreased suddenly, the unemployment figure was more than 10% or if the economic development was negatif. Despite they would lose 400 billion euro, they will still have enough capital to weather the crisis.
De Redactie - Europese banken zijn opnieuw gezond
Alexander Lefére
De Redactie - Europese banken zijn opnieuw gezond
Alexander Lefére
2 opmerkingen:
stress tests: 2 words
by --> with
decreased --> collapsed
negatiVE
Despite --> Although
will --> would
This topic was already covered by somebody else. You should have posted about sth else!
European banks are healthy again
Even if a new crisis set in, the European banks would resist. The results of the stress tests the European Central Bank has done with 22 European banks are apparently satisfying. The majority of the participating banks would keep upright even if the real estate market collapsed suddenly, the unemployment figure was more than 10% or if the economic development was negative. Although they would lose 400 billion euro, they would still have enough capital to weather the crisis.
Alexander Lefére
Een reactie posten