European Union banks may have further problems with toxic assets and capital shortages says OECD
Sep 21st, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
European Union banks may have further problems with toxic assets and capital shortages, the Organization for Economic Cooperation and Development (OECD) warned in a report published today. In a survey of the EU27 economy, the Paris-based OECD said EU governments need to conduct rigorous and transparent stress tests in the banking sector.