European banks have €115bn shortfall

The European Banking Authority issued a further set of results of stress tests for European banks on the 8 December 2011.

EBA: EU-wide stress testing http://www.eba.europa.eu/risk-analysis-and-data/eu-wide-stress-testing

ESO: Background information: EU stress test pass rate under fire http://www.europeansources.info/record/eu-stress-test-pass-rate-under-fire/

EBA: Press Release, 8.12.11: The EBA publishes Recommendation and final results of bank recapitalisation plan as part of co-ordinated measures to restore confidence in the banking sector http://www.eba.europa.eu/News--Communications/Year/2011/The-EBA-publishes-Recommendation-and-final-results.aspx

ESO: Background information: ECB launches new support for banks http://www.europeansources.info/record/ecb-launches-new-support-for-banks/

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