A recent report on European Banks gave the all clear to a number of Banks that were coming under scrutiny regarding their performances and their viability. However we suggest that this recent shining light on the banking sector in Europe be regarded with caution as it was the various banking reports previously that mislead many so called economists about their standing and the difficulties they had within their industry. Many European countries are trying to get their banking sectors to start lending again to stimulate small businesses and assist in kick starting the various economies. So as this type of response from the European banking sector and indeed in the U.S. is so slow in assisting small business that one must wonder if all is well within the banking World. Are the Banks still trying to pull the woll over our eyes or indeed are they being regulated as tightly as we would expect after the banking debacle of recent years.
