Just wondering what our fawning,knee pad wearing lickspittles...

Just wondering what our fawning,knee pad wearing lickspittles would comment on the fact that these banks were all fixed a-la ECB "Stress -test"?
Surley there is a face to the name of the signatory giving EU banks the ol okee dokee!
Oh that's right,these public servants don't have to answer to any pleb.Crouching behind a matrix of beaurocracy.
As ol mate Jean-Claude would say:"when times get tough...you have to lie"
Profits to all.BMD


EU-wide stress testing This section is dedicated to the EBA EU-wide stress tests and provides information about the methodologies and the scenarios used, as well as any additional supporting information released by the EBA during the conduct of the exercise. EBA's role in stress testing One of the responsibilities of the European Banking Authority (EBA) is to ensure the orderly functioning and integrity of financial markets and the stability of the financial system in the EU. To this end, the EBA is mandated to monitor and assess market developments as well as to identify trends, potential risks and vulnerabilities stemming from the micro-prudential level. One of the primary supervisory tools to conduct such an analysis is the EU-wide stress test exercise. The EBA Regulation gives the Authority powers to initiate and coordinate the EU-wide stress tests, in cooperation with the European Systemic Risk Board (ESRB). The aim of such tests is to assess the resilience of financial institutions to adverse market developments, as well as to contribute to the overall assessment of systemic risk in the EU financial system. The EBA's EU-wide stress tests are conducted in a bottom-up fashion, using consistent methodologies, scenarios and key assumptions developed in cooperation with the ESRB, the European Central Bank (ECB) and the European Commission (EC).