# An op-ed by Prof. Kim Schoenholtz on the European Banking Authority's abiltity to pass stress tests

1 Faculty News March 14, 2012 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/2012-03-14/will-europe-flunk-stress-tests-kashyap-schoenholtz-shin.html) -- "When the EBA gets a fourth turn at bat this year, the authority can -- and should -- make use of a growing body of knowledge and experience regarding stress tests. And supportive actions by the European Central Bank and the fiscal authorities may raise the chances of success."

[Read more](http://www.bloomberg.com/news/2012-03-14/will-europe-flunk-stress-tests-kashyap-schoenholtz-shin.html)