Der sinnlose Euro-Bankenstresstest - German news report with comments on the Commission's expert groups of ALTER-EU campaigner Yiorgos Vassolos

Publication date: 
mardi, October 18, 2011
"Mit der Euro-Schuldenkrise steigt die Angst vor einem Zusammenbruch europäischer Banken. Ein sogenannter Stresstest soll ihre Krisenfestigkeit überprüfen. Doch was taugt der Test? report MÜNCHEN mit einem ernüchternden Ergebnis." Yiorgos Vassalos (researcher at CEO, steering committee member of ALTER-EU) comments on the 'stress tests' that were meant to prove the stability of European banks, but in fact could not be taken seriously precisely because it was the banks themselves that could influence what these tests should look like.