Finance: Are Eurozone banks now good to go?

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Source: Knowledge@Wharton (4 November 2014)
When the European Central Bank stress tested its 130 largest banks for soundness, financial markets breathed a sigh of relief because all of the biggest banks made the grade, with smaller banks showing mostly fixable deficiencies. But just how stressful were those tests, and how meaningful are the results? And does a clean bill of health for most of the banks mean they will crank up lending now and help pull the Eurozone out of its six-year economic malaise?

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