Last 29th of July, the European Banking Authority released the results of the 2016 EU-wide stress tests. The aim of these tests was to assess the resilience of EU banks and increase confidence in the banking system. Even though the EBA abandoned the “Pass/Fail” marks, only one bank was insolvent after the three-year adverse scenario of the test, the Italian bank Monte dei Paschi, which is reassuring for the European banking sector.