“Indeed, as said in another comment, this means that the stress tests conducted a year ago were not well conducted at all. Why, for instance, were the banks allowed to input so much of their own data and parameters into the tests ? We all know the adage: garbage in, garbage out.
When and by whom will REAL and CONVINCING tests be undertaken ?
When will the very highly paid incompetent regulators at the EBA be laid off ?”