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Thu 07 Jul 2010Bank stress tests could end up a no-win situation for EU
ANALYSIS:The ECB must use severe scenarios for the tests to be credible, but that will increase the likelihood of fresh capital injections, writes ARTHUR BEESLEY
THE EUROPEAN authorities face yet another moment of truth tomorrow evening when the results of financial stress tests on 91 leading banks are published. This is tricky stuff, with tens of billions of euro on the line and no guarantee of success.
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