Analysis: Thank markets for EU's bank transparency

06/17/2010 | Economist (free content), The · Reuters

EU leaders made the right decision in choosing to publish results of banks' stress tests, according to The Economist. In pushing for the decision, markets demonstrated their ability to impose discipline on policymakers. "You will never persuade most European politicians to admit it, but they are finally doing the right thing, and it is down to those hated market forces," The Economist notes.

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Economist (free content), The · Reuters

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