Most Eurozone Banks Deemed Financially Healthy

The European Central Bank says that most of the banks in the 18-nation euro currency bloc could survive a financial crisis, an assessment that could help spur more lending to boost the eurozone's flagging economy. The central bank said Sunday that at the end of last year 25 of the 130 biggest banks failed a financial stress test and needed to raise $32 billion to have enough capital on hand to cover losses during a severe economic downturn. But much of the money has now been raised...

© La Voix de l'Amérique - dimanche 26 octobre 2014