Israel stress test results show room for improvement

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The Bank of Israel on Tuesday released an excerpt from the 2010 Banking System Annual Survey, which announced some important results from the stress tests conducted on the country's banking system.

This year, the banking supervision department examined a "range of stress tests" and a scenario "that assumed deterioration in the sovereign debt crisis and the onset of another global recession", said the central bank.

It said the exercises were a "continuation of macroeconomic stress tests of

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