France is witnessed to extend its support to the rapid publication of bank "stress tests" aimed to placate financial market fears over their power to recuperate with the debt crisis that entangled Greece, the French Economy Minister posted on Thursday.
Christine Lagarde in an interview with Reuters Insider TV outlined that such tests were below European level, expecting that results could be unveiled sometime in the next few weeks.
"If someone suspects you have an illness, it's all very well to say no, no, no I'm very healthy, but it's even better if you say ok, fine, take my blood and make sure that I'm healthy", he added.
Besides, he posted that European Union leaders would ponder over the issue at a summit on Thursday, however, she was already aware that Germany and Spain had no issue with releasing results.
In France, such tests of bank solidity were not yet concluded, however seemed quite reassuring.
Figures released by the Bank for International Settlements in late April depicted that French and German banks possessed the biggest lending exposure to Greece and Spain.
Greece has been tagged as the first country to seek a rescue in Europe's 11 years of monetary union, attributing for 3% less of the Euro zone economy, however, Spain, emphasize on recent market fears, contributing to 10% plus.
