The European Central Bank, about to become the eurozone’s banking regulator, revealed its stress-tests results for the region’s lenders which got a swift response from officials and markets.
After all the fear, it seems that Europe’s banking sector is doing reasonably well
Another influential central bank, the US Federal Reserve, announced the end of its bond-buying stimulus programme and signalled confidence the US economic recovery would remain on track at the same time that the latest GDP data were released for the world’s biggest economy.
This edition of Business Weekly has an in-depth look at those events, with a particular focus on the bank stress tests in Italy and Greece.
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