A 135bn euros over 30 years ballout has been agreed by Eurozone members and will, this time, include private investors.
Markets reacted positively to news that an agreement had been reach with the FTSE 100 climbing to 5,900 (+0.79%) and Eurofirst 30 to 1,100 (+1.10%)
Regards, Sam
Showing posts with label Debt Crisis. Show all posts
Showing posts with label Debt Crisis. Show all posts
Thursday, 21 July 2011
Friday, 15 July 2011
Bank Stress Tests
Ten European banks have been tested by the European Banking Authority and results are to be published later today. In total 90 banks are being tested including Lyold's Banking Group and the Royal Bank of Scotland.
These tests are a more hardened version of the previous stress tests after there were concerns that they were not testing enough.
Banks will be required to publish their sovereign debt exposure to the public and then for the public to come to their own conclusions about the data and to the strength of the banks.
Stay tuned for a quick update on these results later.
Kind Regards,
Sam
These tests are a more hardened version of the previous stress tests after there were concerns that they were not testing enough.
Banks will be required to publish their sovereign debt exposure to the public and then for the public to come to their own conclusions about the data and to the strength of the banks.
Stay tuned for a quick update on these results later.
Kind Regards,
Sam
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