"Even if banks would have to sell all of their obligations and take the losses, they would still have enough capital," Wunsch added. "So we are in a very different situation." (Reporting by Balazs Koranyi; editing by Philippa Fletcher)
Reuters Messaging: balazs.koranyi.thomsonreuters.com@reuters.net)) FRANKFURT, March 22 (Reuters) - The European Central
Bank has looked deep into the stability of the euro zone bank
sector and found no issues to warrant concerns about a spread of
banking turmoil, Belgian central bank chief Pierre Wunsch said
on Wednesday.
"We've been torturing the data in all directions and
honestly, what we see is no problem," Wunsch, who sits on the
ECB's 26-member Governing Council, told a conference.
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