Mody, Ashoka, Wolff, Guntram, (2015), “Euro Area Banks Remain Vulnerable”, Bruegel publications, 21 Αυγούστου
The euro area’s biggest banks have reported record profits. The stress tests published by the European Central Bank late last year showed that the largest banks—those with assets of more than €500 billion—have been able to cut their non-performing exposures and increase their provisions. But the euro area banking system is not out of the woods. The vulnerabilities lie in the small and medium-sized banks, those with assets below €500 billion. Together these banks own 50% of the euro area banking system assets.
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