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Véron, Nicolas
17 December 2010

Nicolas Véron – Europäische Streßtests für Banken: Dreimal Glück?


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Véron talks about European bank stress tests and a few keys to success ahead of the upcoming tests of February 2011.


Systemic bank crises are always difficult to resolve and almost never self-correcting - even with low central-bank rates, retained earnings cannot plug all holes after a major shock. What is needed is a government-led process of ruthless triage, recapitalization, and restructuring of the system’s most important banks.



© Bruegel

Documents associated with this article

101215_op-ed_nv_european_bank_stress_tests_third_time_lucky[1].pdf


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