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European banks face stress tests

Stress Test

Britain's four biggest banks will be among 124 across the European Union being subjected to stress tests later this year in an attempt to end lingering doubts about the strength of the banking system five years on from the financial crisis.

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Cyprus Savings Levy: Questions and Answers

Cyprus has become the fifth eurozone nation to seek help from international lenders, but the rescue package includes a hugely unpopular levy on savers at Cypriot banks – and as yet it remains unclear whether the country's MPs will accept it.