FRANKFURT, Germany (AP) - European regulators will release potentially unsettling details on the finances of 90 banks on Friday to increase transparency and convince markets that the financial system as a whole could withstand big shocks, such as a Greek debt default.
The publication of the results of the stress tests by the European Banking Authority is supposed to reduce the uncertainty hobbling bank's activities through disclosure of details including who holds how much in bonds issued by Greece and other shaky eurozone governments.
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