Up to 15 EU banks to fail stress test, say sources

EurActiv reported that up to one in six European banks was set to fail an EU-wide financial health check, according to eurozone sources close to the stress testing, as officials scrambled to set up mechanisms for those at risk.

ESO: Background information: EU watchdog to test bank capital http://www.europeansources.info/record/eu-watchdog-to-test-bank-capital/

ESO: Background information: Banks face deadline to rerun EU stress tests http://www.europeansources.info/record/banks-face-deadline-to-rerun-eu-stress-tests/

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