TITLE

LETTER FROM BERLIN

AUTHOR(S)
ENGELEN, KLAUS C.
PUB. DATE
October 2014
SOURCE
International Economy;Fall 2014, Vol. 28 Issue 4, p10
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article focuses on the European Central Bank's (ECB's) health check for German banks. It is noted that the test of capital strength under the ECB's adverse scenario was not cleared by only one of Germany's twenty-five banks that fell short after 2014 capital boosts were taken into account. It is stated that German banks's coming out at the top of the health check ahead of the launch of unified banking supervision in the euro area had not been expected by Berlin's political leaders.
ACCESSION #
100045721

 

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