EBA sovereign scenarios under scrutiny
Eight European banks out of a possible 90 have failed to meet the 5% core Tier I capital threshold set by the European Banking Authority (EBA), stress tests released by the European regulator on Friday evening showed.
The banks, which comprise two Greek state-controlled institutions, ATEbank and EFG Eurobank; five Spanish savings banks, Catalunya Caixa, Pastor, Unnim, Caja3 and CAM; and Austrian bank Oestereichische Volksbank, all failed to meet the capital benchmark by the end of December 2012
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