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01-13-2011, 05:47 PM #1
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Moody’s Urges US, UK, Germany, France on Spending
Moody’s Urges US, UK, Germany, France on Spending
Thursday, 13 Jan 2011 09:33 AM
The U.S., the U.K., France and Germany must control spending on pensions and healthcare to keep their debt burdens stable over the long term, Moody’s Investors Service said.
“All four countries face dramatic increases under their existing policy commitments arising from aging-related pension and healthcare subsidies,â€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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01-13-2011, 05:49 PM #2
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EU Braces for New Bank Stress Tests This Year
Thursday, 13 Jan 2011 09:56 AM
The newly created European Banking Authority says it will publish the results of new stress tests on big European banks in mid-2011.
The new banking regulator said Thursday that the new tests will cover a similar group of banks to the ones conducted last July, when 91 banks where scrutinized for their ability to withstand financial shocks.
Last year's tests were widely deemed a failure, because Irish banks that passed the test soon afterward needed big capital injections.
The regulator says it will separately review "liquidity funding risks" across the European banking sector in the first half of this year.
This summer's stress tests focused on banks' capital levels — that is, how big their asset base was — rather than how quickly they could access those funds under stress
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72 Hours Till Deadline: Durbin moves on Amnesty
04-28-2024, 02:18 PM in illegal immigration Announcements