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The European Banking Authority (EBA), person in charge of the stress test, requests the same. The banks that do not pass the tests of solution need an additional capital 2,500 million Euros. Five Spanish organizations have suspended the tests The report (PDF). The European Commission trusted east Friday that the banks that have suspended the European tests of resistance take the measures necessary to reinforce their capital, in an official notice sent after publishing the results of the test. ” Those banks that have not reached the threshold and those has done that it but reflect substantial weaknesses, we hoped that they adopt the steps necessary to reinforce his positions of capital” , it says a joint official notice of the commissioners of Economic and Monetary Subjects, Olli Rehn, and of Inner Market and Financial Services, Michel Barnier. The BCE goes in the misa El line European Central bank (BCE) considers that the publication of the test resultses of stress which finally the 90 main European organizations have been put under has demonstrated to be ” an important tool to improve the transparency of the banking system europeo”. The institution presided over by Jean Claude Trichet is underlining that these examinations have served to keep awake to the market all the excellent information to value the resistance of the organizations in an adverse scene.

Also, the BCE was added to the recommendations of European Banking Autoridad (EBA) so that those cases of organizations are solved quickly in which an additional necessity of capital has been detected to not to have reached the ratio of 5% of Core Tier 1 or in that have been closely together of this threshold. In this way, the BCE has asked for the European governments who fulfill the commitment acquired in the meeting of the Ecofin of the past 12 of July to guarantee all the necessary measures of cleaning. A total of 8 of the 90 main European financial organizations that have been put under the test of stress coordinated by the European Banking Authority (EBA, by its abbreviations in English) has suspended the examination to not to have been able to maintain at least a basic capital of 5% in more adverse the economic scene. One is five Spanish financial organizations, two Greek banks and one Austrian. Altogether, the banks that do not pass the tests of solution need an additional capital 2,500 million Euros. Other 16 banks remain to the limit of the suspension, with a capital among 5% and 6%. The most negative scene includes a contraction of the GIP in eurozona of 0.5% in 2011 and 0.2% in 2012, with rates of unemployment of 10.3% and 10.8% respectively. Source of the news: The BCE and the EC ask to countries with suspended organizations in solution that take measures