Lesson 35. Task 5. Listen to the CNN’s report on bank failure and write down the key takeaways

An Advanced English Course in Communication Practice. Part I

Lesson 35. Stress Testing of Financial Infrastructure

CNN

25 banks fail Europe’s stress test

[video:https://www.youtube.com/watch?v=dNamYE4F0TM width:800]

1. How many bank participated in the financial health check?

2. Which banks were the worst performers in the test? In which countries?

3. Have the financial markets been prepared for the results?

4. How many health check procedures have European banks undergone since the 2007-2008 crisis?

5. Which authority conducted the check? What was the test aimed at?

6. Have the results of the test raised the public’s confidence in the banking sector?

7. Why does it matter so much in terms of market sentiment?