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Spain May Force Europe's Hand on Bank Stress Tests

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STRESS TESTS OR "STRESS TESTS"?
"The Bank of Spain’s decision to publish the results of stress tests on the nation’s lenders may prompt European neighbors to follow suit as investors demand more disclosure of the risks on banks’ books," according to Bloomberg. "The Bank of Spain will make the findings public to give investors more information on the state of the banks, said Miguel Angel Fernandez Ordonez, the central bank governor, in a speech yesterday. Spain will publish the results on individual banks, Finance Minister Elena Salgado said in a television interview today. Banking groups in Germany and the U.K. said disclosing details on specific institutions carried risks."
SOURCE:   Bloomberg

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