1. Academic Research of Economic Journal
... the European welfare states and for the EU principle of "social solidarity.". The key terms here are "stress test" and "social solidarity". Stress testing has become an essential and very prominent tool in the analysis of financial sector stability and development of financial sector policy. Starting with 2010 stress test led by the Committee of European Banking Supervisors (CEBS), and reinforced by 2011 ... stress test and the bank recapitalization exercise led by the European Banking Authority (EBA), the output of EU wide stress tests has been viewed as essential ... information on th...
- Word Count: 1048
- Approx Pages: 4
- Grade Level: Undergraduate