EU banks to be tested with simulated economic decline

Note: This section contains information in English only.
Source: Bloomberg
130 biggest banks of the EU will be tested by the ECB in November, as they will go through a simulated very tough economic decline and rise in unemployment in order to estimate, how can they withstand this downward pressure. Moreover, the simulation will include a 19.2% plunge of the stock market and 21.2% decrease in home price. Polish zloty and Hungarian forint will lose 25% of its value.
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