by Calculated Risk on 7/12/2010 06:32:00 PM

From James Kanter at the NY Times: European Ministers Weigh Details of Stress Test

European Union finance ministers met Monday to start two days of discussions partly aimed at deciding how much information to reveal after they complete [stress] tests ...

“The European banking sector is, over all, resilient,” Olli Rehn, the European commissioner for economic and monetary affairs, said at a news conference. “At the same time when we publish the stress tests we will have to prepare for any pockets of vulnerability.”

The results will be released on July 23rd.

And posted this morning from "some investor guy", part 3 in the series on sovereign default:

Part 3. What are the Market Estimates of the Probabilities of Default?

Earlier posts:

Part 1: How Large is the Outstanding Value of Sovereign Bonds?

Part 2. How Often Have Sovereign Countries Defaulted in the Past?

Part 2B: More on Historic Sovereign Default Research

More coming later this week.