Draghi Builds Stress-Test Credibility in ECB Bank Review

The European Central Bank is showing that it can repair the reputation of stress tests.

More than 90 percent of economists surveyed by Bloomberg News said that stress tests next year, in the final part of an ECB-led review of the euro area’s most prominent banks, will be more credible than previous exercises by the London-based European Banking Authority. Details of the examinations of about 130 lenders from Banco Santander SA to ABN Amro Bank NV are due to be released at the end of January.