Most European banks pass key stress test - but some fail to measure up
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Constanze TressJuly 24, 2010
Seven of Europe's banks have failed stress tests designed to determine the economic health of the continent's banking system. A total of 91 banks underwent the tests. The banks that failed include five Spanish financial institutions - the other two were Germany's Hypo Real Estate and Greece's ATEbank. The tests assessed the banks ability to survive future economic shocks.
