Publication of the stress tests on Friday

BusinessEconomy ♦ Published: June 23, 2010; 00:00 ♦ (Vindobona)

In the second half of July, the results of the stress tests for the 25 leading banks in the community will be published. Previously such reviews, as well as the national results of stress tests for all banks of a country, were kept top secret.

Publication of the stress tests on Friday / Picture: © Vindobona.org

In Austria, the banking association has yet to announce its position.

Association President and Vice-Bawag Chief Stephan Koren has commented on Wednesday:

He personally would have no problem with the publication of the numbers, Koren said at a press conference of the Association. "We are not afraid." Koren also acknowledged that it is a very delicate story for the…