Analysis: EBA faces no-win situation on stress tests:

03/10/2011 | Wall Street Journal, The

The first consultation materials on the European Banking Authority's upcoming stress tests for banks were met with immediate criticism. The European regulator faces a difficult situation as it develops scenarios to assess the stability of financial institutions, according to this analysis. For example, the regulator must consider the risk of a sovereign default, but doing so could undermine efforts to avoid one.

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Wall Street Journal, The

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