WASHINGTON (MNI) – The U.S. Treasury Department late Friday issued
a brief statement in the name of Secretary Tim Geithner, who said, “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.”
** Market News International Washington Bureau: 202-371-2121 **
[TOPICS: M$$CR$,MK$$$$,M$$EC$,M$X$$$,M$$CR$,MT$$$$]