The European Central Bank (ECB) published the results of the 2021 stress tests, which show that the euro area banking system is resilient to adverse economic developments.The 89 banks covered in the report are all supervised by the ECB. They comprise 38 euro area banks that are part of the EU-wide stress test led by the European Banking Authority (EBA) and a further 51 medium-sized euro area banks, including three Cypriot banks.Regarding the Cypriot banks, the results for the adverse …
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President Xi: China and France should jointly prevent a new cold...
By Chris Michael
“As the world goes through transformation and turbulence not seen in a century, China and France should uphold their independence and jointly...