The European banks succeeded the stress test of the CEBS. That means if the economic growth would decrease, the real estate prices would crash and the unemployment rate would jump even then the capital of the 22 most important banks of Europe must be enough. According to ECB-president Jean-Claude Trichet, the results are very positive because the conditions of the test were very high. The main reasons for the good news are the incentives of the governments and the improvement of the expected profits.
For more information you must click here .
Yardena Vaernewijck
2 opmerkingen:
succeeded --> have passed
CEBS?
no 'woulds' in the if-clause: use simple pasts
no 'the' before growth or 'real estate prices'
high conditions?
The European banks have passed the stress test of the Committee of European Banking Supervisors (CEBS) . That means if economic growth decreased, real estate prices crashed and unemployment rate jumped even then the capital of the 22 most important banks of Europe must be enough. According to ECB-president Jean-Claude Trichet, the results are very positive because of the high conditions. The main reasons for the good news are the incentives of the governments and the improvement of the expected profits.
Yardena Vaernewijck
Een reactie posten