þriðjudagur, 22. febrúar 2011

Open Europe blog: Ostrich banking tests

Álagspróf á bankakerfi evrusvæðis

"Remember the EU's banking 'stress tests', which were supposed to determine the health of the key financial institutions across Europe? The tests, that were published last summer, infamously cleared all Irish banks. Only a couple of months later, two of these banks were forced too seek help from the Irish state to avoid bankruptcy, which in turn forced Ireland to apply for a bail-out."