{ "format" : "linked-data-api", "version" : "0.2", "result" : {"_about" : "https://eldaddp.azurewebsites.net/answeredquestions.text?max-AnswerDate=2014-11-24&houseId=2®isteredInterest=false&creator.label=Biography+information+for+Lord+Kennedy+of+Southwark", "definition" : "https://eldaddp.azurewebsites.net/meta/answeredquestions.text?max-AnswerDate=2014-11-24&houseId=2®isteredInterest=false&creator.label=Biography+information+for+Lord+Kennedy+of+Southwark", "extendedMetadataVersion" : "https://eldaddp.azurewebsites.net/answeredquestions.text?max-AnswerDate=2014-11-24&houseId=2®isteredInterest=false&_metadata=all&creator.label=Biography+information+for+Lord+Kennedy+of+Southwark", "first" : "https://eldaddp.azurewebsites.net/answeredquestions.text?_page=0&max-AnswerDate=2014-11-24&houseId=2®isteredInterest=false&creator.label=Biography+information+for+Lord+Kennedy+of+Southwark", "hasPart" : "https://eldaddp.azurewebsites.net/answeredquestions.text?max-AnswerDate=2014-11-24&houseId=2®isteredInterest=false&creator.label=Biography+information+for+Lord+Kennedy+of+Southwark", "isPartOf" : "https://eldaddp.azurewebsites.net/answeredquestions.text?max-AnswerDate=2014-11-24&houseId=2®isteredInterest=false&creator.label=Biography+information+for+Lord+Kennedy+of+Southwark", "items" : [{"_about" : "http://data.parliament.uk/resources/147392", "AnsweringBody" : [{"_value" : "HM Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/147392/answer", "answerText" : {"_value" : "

The European Central Bank carried out a \u2018Comprehensive Assessment\u2019 of the banks which are now under its supervision. This identified 13 banks as needing to increase their aggregate capital by an estimated \u20ac9.5 billion.<\/p>

<\/p>

<\/p>

<\/p>

Of these, four were in Italy (requiring \u20ac3.31 billion); two in Greece (\u20ac2.69 billion, but EU re-structuring plans means that essentially very little capital needs to be raised by them); two in Slovenia (\u20ac0.06 billion); one in Austria (\u20ac0.86 billion), Portugal (\u20ac1.15 billion), Cyprus (\u20ac0.18 billion), Ireland (\u20ac0.85 billion) and Belgium (\u20ac0.34 billion).<\/p>

<\/p>

<\/p>

<\/p>

At the same time, the European Banking Authority announced the results of its EU-wide stress test which comprised of a slightly different sample of banks.<\/p>

<\/p>

<\/p>

<\/p>

<\/p>

<\/p>

<\/p>

<\/p>

A process is in place to help ensure that the banks which failed the stress tests will address their capital shortfalls in a timely way.<\/p>

<\/p>