# Prof. Nouriel Roubini on upcoming stress tests by the European Central Bank

1 Faculty News September 6, 2013 ![Wall Street Journal logo](/sites/default/files/styles/246w/public/assets/images/wsjlogo.jpg?itok=5Qt0z3WX)>

Excerpt from [The Wall Street Journal](http://online.wsj.com/article/BT-CO-20130906-708436.html) -- "The European Central Bank will be 'tough' in the upcoming asset quality review and stress tests of the European banking sector, New York University professor [Nouriel Roubini](http://www.stern.nyu.edu/faculty/bio/nouriel-roubini) said Friday. 'I think they will be tough as they want to build a reputation' ahead of taking over the supervision of larger European banks, Mr. Roubini told reporters at a conference here. He added that he thinks the ECB's reviews will find that several Italian banks are undecapitalized, including some of the largest of the country."

[Read more](http://online.wsj.com/article/BT-CO-20130906-708436.html)