Germany checking ways to publish stress tests
June 18, 2010 The Finance Ministry said Friday it is checking if it needs to
revise a clause saying banks need to approve of publication of such
data.
Spokesman Michael Offer says the goal is to implement Thursday's
EU agreement and restore market confidence, which should be in the
banks' own interest.
EU heads of government decided the test results should be
published by the end of July. Such data can give an indication
about the stability of the banks.
German Chancellor Angela Merkel has said though there are
concerns the current German law might prevent such publication "we
will find ways" to do it anyhow.
