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Stress test of European banks: 1,500,000,000

13th Jul 2014
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Is it possible we may finally get an answer after the latest stress tests?

https://www.accountingweb.co.uk/blogs/jefflcbba/mad-lemming/1500000000000

Probably not---they can only continue to "kick the can down the road"!

Now if they did away with defunct double-entry book-keeping, as the European Union appears to have done for its own accounts............?

Either way we are in for an interesting Autumn.

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