euro area and for supervising all euro area banks in order to ensure their safety and soundness, some directly and some …

This paper presents an approach to a macroprudential stress test for the euro area banking system, comprising the 91 … largest euro area credit institutions across 19 countries. The approach involves modelling banks'reactions to changing …

, as well as specific aspects of this policy area in a monetary union such as the euro area. The ECB's responsibilities …