ECB's Constancio says bank health tests good for recovery

FRANKFURT Mon Feb 3, 2014 7:48am EST

FRANKFURT Feb 3 (Reuters) - Economic recovery in the euro zone should gain speed due to the European Central Bank's bank health checks, ECB Vice-President Vitor Constancio said on Monday.

"We believe very much that recovery in 2015 will benefit from this exercise," Constancio told reporters at a news conference.

The ECB takes up responsibility for supervising euro zone banks from November. (Reporting by Jonathan Gould, writing by Sakari Suoninen)