Blowing the cover off Europe's bank crisis

A new round of ECB stress testing will finally expose the extent of the eurozone’s bad bank problems, and fan the flames of dissent on how to address them.

The European crisis plays itself out on different levels: some clearly visible, others less so. What dominated the headlines of the past four years was Europe’s sovereign debt crisis. The fiscal crises in countries around the Mediterranean and Ireland were obvious and had to be contained by several bailout packages.

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