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EU eyes financial stress tests over climate risks - Dombrovskis

FILE PHOTO: European Commissioner-designate for An Economy that Works for People Valdis
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BRUSSELS (Reuters) - The European Commission is considering stress tests and measures to force financial firms to raise their buffers against climate-change risks, the EU financial services chief said on Wednesday.The move would represent a major change in the bloc's climate policy which has so far focused on encouraging firms to adopt greener policies voluntarily.Valdis Dombrovskis said the..
Date Published: Nov 06, 2019
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