(Reuters) -
The head of the euro zone's bailout funds, Klaus Regling, said that he believes
banks in Spain , Portugal , Cyprus ,
Greece and Ireland
In an
interview to appear in Monday's Sueddeutsche Zeitung newspaper, the head of the
European Stability Mechanism (ESM) said the five countries were benefiting from
rising exports and economic growth was returning. He said it was important that
the reforms continue.
"The
banks in the program countries are in quite good shape," Regling is quoted
as saying. "I expect that there won't be any big surprises in Spain , Portugal
and Cyprus Greece
and Ireland
The ECB's
asset quality review, an assessment of the balance sheets of more than 120
banks due to be completed next autumn, should bring transparency on the quality
of banks' loans and other assets.
Bankers say
that the latest checks on capital and stress tests of banks' resilience to
shocks must be rigorous, pointing to the 2011 tests that found no weaknesses
among Spanish and Irish banks, even though the countries subsequently asked for
bailouts of their banking sectors.
European
Monetary Affairs Commissioner Olli Rehn has said that banks are already
preparing for the results of the stress tests by raising capital on the market,
with about 80 billion euros ($109.49 billion) raised to strengthen banks over
the past couple of years.
($1 =
0.7307 euros)
(Reporting
by Erik Kirschbaum; editing by Matthew Lewis)
My husband, Bill, and I lately paid a go to to Edelweiss Lodge and Resort in Garmisch-Partenkirchen, Germany.
ReplyDeleteInvoice was at the Edelweiss, attending a convention. I received to
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That's one of the good benefits of living in Germany.
In any situation, I experienced listened to that the Edelweiss was a extremely good facility and that Garmisch-Partenkirchen, was a beautiful location to go to.
I was fairly thrilled about our trip to the extreme southern part of Germany for a couple of times of networking for Bill and R&R for me.
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Bill and I did attempt the Pullman Place and thought
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costs a bit more than at the Marketplace Station.
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Attach them to presents or use them as nametags.
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