ECB HQ in Frankfurt: there is concern in EU circles that next year’s bank stress tests could threaten the EU’s very early-stage economic recovery and the relative market stability that has taken hold since last year’s pledge by the ECB to “do whatever it takes” to preserve the euro

Euro zone banks could be forgiven for feeling a little bit nervous these days, as they await their fate at the hands of the ultimate big Daddy, the Eu(...)

European Central Bank president Mario Draghi said  he expected no disasters to come to light in forthcoming financial health checks on the region’s banks, which would be rigorous. Photograph: John Schults/Reuters

National backstops are expected to be in place to deal with capital holes that might be uncovered by next year’s European bank stress tests, the head (...)