Major EU banks would withstand economic storm – ECB research

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Europe’s major banks would be resilient to a profound global recession with large falls in asset prices, according to a new macro-prudential stress test carried out by the European Central Bank.

The ECB’s research uses the scenarios formulated by the 2018 European Banking Authority supervisory stress test. A team of researchers used these scenarios to carry out a macro-prudential stress test of the euro area banking sector from 2018 to 2020. The ECB published the results as part of its economic

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