New Round of EU Bank Tests Slated for February

EU Monetary Affairs Commissioner Olli Rehn announced today that banks in the European Union will be subjected to a new series of stress tests starting next February. The announcement followed a meeting of the EU finance ministers resulting in a message that the eurozone was on track for a recovery but the banking sector remained a risk.

Source: BBC News

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.