Enria proposes more change for eurozone stress tests

New framework would include macro view, but will not be ready until 2022

Andrea Enria
Photo: Philippe Bussin/European Parliament

The European Central Bank’s chief supervisor has made further proposals for major changes to its stress tests for the eurozone’s biggest banks.

Speaking on November 27, Andrea Enria, chairman of the ECB’s single supervisory mechanism, said his proposed changes to the stress test “would open up yet another path to greater realism”.

In an earlier speech on September 26, Enria said the ECB should report the stress tests’ findings by publishing a “bank view” and a “supervisory view” of each bank.

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