anything can happen, although for a while everything should be ok. really who knows these European politicians)
the question is: happen that, will the ECB be able to support debt markets by buying bonds??
the answer is rather negative.
* The ECB initially did not really want to trade like that
* The Bundesbank exploded with thunder and lightning over this
* it seems like the ECB will gladly fuse the purchased & quot; to the European fund"
* from some comments the position of the ECB is clear – we are more & quot; of this" we will not do
stress tests are unlikely to show anything unpleasant, but many are waiting, that after the publication itself, the markets will hit growth, as well as after the publication of the American stress tests. it seems like nothing happens twice the same)
Nomura based on such conditions:
* NPL grows in 3 Times
* los – 50%