Speaking to a committee of the European Parliament, Mr Draghi warned that the recent balance sheet review, carried out by the Central Bank here, “falls short” of the more stringent test that would be carried out ahead of the ECB assuming the role of overall banking supervisor next year.
He said the exercise carried out by the Central Bank was “not forward looking”.Responding to a question by the Fine Gael MEP Gay Mitchell, a member of the parliament’s economic and monetary affairs committee, Mr Draghi also said the ECB had a “positive, but more cautious,” assessment of the budget for 2014.

 

 

Irish banks remain source of ‘some concern’ – Mario Draghi (RTE)

 

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