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Europe Should Hold Bank Stress Tests Twice a Year, Katainen Says

Friday, 24 Sep 2010 07:21 AM

Sept. 24 (Bloomberg) -- The European Union should conduct regular stress tests on its biggest banks, Finland’s Finance Minister Jyrki Katainen said in an interview at his office in Helsinki today.

“I’m trying to push for the idea that it should be at regular intervals at least twice a year,” Katainen said. “Transparency is the best medicine to improve confidence on the financial markets.”

To contact the editor responsible for this story: Kati Pohjanpalo at kpohjanpalo@bloomberg.net

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Sept. 24 (Bloomberg) -- The European Union should conduct regular stress tests on its biggest banks, Finland’s Finance Minister Jyrki Katainen said in an interview at his office in Helsinki today. “I’m trying to push for the idea that it should be at regular intervals at...
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2010-21-24
Friday, 24 Sep 2010 07:21 AM
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