ECB Supervisory Board chair Daniele Nouy in an interview with newspaper Kathimerini
- very satisfied with stress test exercise on European banks
- banks coming under SSM’s supervision have raised EUR 200bln since the summer of 2013
- banks’ balance sheets are now more transparent
- low interest rates will help European economies get back on track
Nouy’s more positive stance on the tests contrasts with that of EBA’s Enria who said on Thursday that “banks should not feel too secure after the ECB stress tests, even those banks who passed them”, comments that caused some widespread selling of bank stocks and a euro wobble.
Daniele Nouy- happy with the stress tests
