Press Releases

Statement from Secretary Geithner on Release of European Stress Tests Results

(Archived Content)


TG-788

 

WASHINGTON – The U.S. Department of the Treasury today released the following statement from Secretary Tim Geithner on the Committee of European Banking Supervisors' (CEBS) release of stress tests results:

We welcome the release of bank-level stress test results in Europe. With this undertaking, the EU has made a significant effort to increase disclosure on the conditions of individual European financial institutions and enhance market stability.

###