[QODLink]
Inside Story
Eurozone: Feeling the stress
How credible are stress tests and what impact will they have on the Eurozone's economy?
Last Modified: 16 Jul 2011 08:45



Fears are growing that Italy could become the latest victim of the Eurozone's debt crisis. Worries over the euro currency are growing and plans for a second Greek bailout remain deadlocked.

Also the European Banking Authority has conducted stress tests on several banks across Europe, to see how they can handle difficult economic scenarios.

So what is the stress test and how important are they to the Eurozone's economy?

Inside Story, with presenter Hazem Sika, discusses with guests: Sony Kapoor, the managing director of Re-Define, a think-tank that advises policy makers on economic and financial sector policy; Patrick Garofalo, the economic policy editor for ThinkProgress.org at The Centre for American Progress; and Hank Calenti, the head of bank credit research at Societe Generale. 

This episode of Inside Story aired from Friday, July 15, 2011.

Source:
Al Jazeera
Topics in this article
People
Country
Organisation
Featured on Al Jazeera
More than one-quarter of Gaza's population has been displaced, causing a humanitarian crisis.
Ministers and MPs caught on camera sleeping through important speeches have sparked criticism that they are not working.
Muslim charities claim discrimination after major UK banks began closing their accounts.
Italy struggles to deal with growing flood of migrants willing to risk their lives to reach the nearest European shores.
Featured
People are starving in southern Somalia while relief efforts are blocked by government and rebel fighting.
Some scientists say authorities in favour of nuclear energy tend to deny the negative results of researchers.
Report on child sex abuse in British Asian community highlights issues that may affect the entire nation.
Taliban makes quick gains in Afghanistan with little opposition from Afghan army as US withdrawal begins.
Experts from Minamata, Japan check for signs of mercury illnesses in Ontario, Canada.
join our mailing list