Gates of Vienna News Feed 7/17/2011

In an attempt to determine the health of the banking system, the European Banking Authority conducted a series of “stress tests” on major banks in the Eurozone. Eight banks failed the stress test, and five of those were in Spain, with two of the rest in Greece and the other one in Austria. Banks are considered at risk of insolvency under worst-case scenarios if their capitalization falls below a certain level.

In other news, according to a recent poll, any of the possible major Republican presidential candidates would beat Barack Hussein Obama if the election were held today. The poll showed 47% in favor of a Republican and 39% in favor of Obama, with the rest undecided.

To see the headlines and the articles, open the full news post.

Thanks to C. Cantoni, Fjordman, Insubria, JD, Magic Jess, and all the other tipsters who sent these in.

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Caveat: Articles in the news feed are posted “as is”. Gates of Vienna cannot vouch for the authenticity or accuracy of the contents of any individual item posted here. We check each entry to make sure it is relatively interesting, not patently offensive, and at least superficially plausible. The link to the original is included with each item’s title. Further research and verification are left to the reader.