TRANSCRIPT
The European banking authority has published the results for its health check of more than 50 banks across the continent and how they would fear if there was another major financial crisis. Theo Leggett reports. "The European banking authority modeled a big economic shock, something just as severe as what we saw in 2008. To see how the banks would respond when their bad loans would rise and their profits would fall and whether they had enough in the wealthy capital buffers, money set aside to deal with that. There's no partial fail, but it's clear that some banks have come out this exercise a lot better than others." The Italian bank Monte dei Paschi di Siena feared worse in the stress test which indicated it would simply ran out of money if the test's theoretical scenario was real. Of the 50 other banks tested there was also particular concern about Spain's Banco Popular.
VOCABULARY
1. capital buffers n. 缓冲资本。如：
Moreover, bank lending has become scarcer as European banks boost their capital buffers. 此外，由于欧洲的银行开始增加缓冲资本金，银行贷款正变得更为稀少。
2. scenario n. a description of how things might happen in the future 设想；方案；预测。如：
Let me suggest a possible scenario. 我来设想一种可能出现的情况。
QUESTIONS
Fill in the blanks with the words or phrases you hear in the news.
| QUESTION (5W+1H) | ANSWER |
| WHEN? | |
| WHERE? | |
| WHO? | The European banking _____________________ |
| WHAT? | The European banking authority has published the results for its _________________ of more than 50 banks across the ______________ and how they would fear if there was another ________________________________. |
| WHY? | The European banking authority modeled a big ________________, something just as severe as what we saw in 2008. To see how the banks would respond when their bad loans would rise and their profits would fall and whether they had enough in the wealthy capital buffers, money set aside to ________________ that. |
| HOW? | There’s no ________________ fail, but it’s clear that some banks have come out this exercise a lot better than others. l The Italian bank Monte dei Paschi di Siena feared worse in the stress test which indicated it would simply _____________ if the test’s theoretical _________________ was real. l Of the 50 other banks tested there was also _____________________________about Spain’s Banco Popular. |
SUGGESTED ANSWERS
| QUESTION (5W+1H) | ANSWER |
| WHEN | |
| WHERE | |
| WHO | The European banking authority |
| WHAT | The European banking authority has published the results for its health check of more than 50 banks across the continent and how they would fear if there was another major financial crisis. |
| WHY | The European banking authority modeled a big economic shock, something just as severe as what we saw in 2008. To see how the banks would respond when their bad loans would rise and their profits would fall and whether they had enough in the wealthy capital buffers, money set aside to deal with that. |
| HOW | There’s no partial fail, but it’s clear that some banks have come out this exercise a lot better than others. l The Italian bank Monte dei Paschi di Siena feared worse in the stress test which indicated it would simply ran out of money if the test’s theoretical scenario was real. l Of the 50 other banks tested there was also particular concern about Spain’s Banco Popular. |
来源：刘立军