Italy strikes ‘bad bank’ deal with EU – Financial Times


Financial Times
Italy strikes ‘bad bank’ deal with EU
Financial Times
Italy and the EU have reached a deal allowing Italian banks to sell their large portfolios of non-performing loans to private investors with a government guarantee, in an effort to ease market pressure on the financial sector in the eurozone’s third
Italian yields fall, Monte Paschi shares jump on deal to shed banks’ bad loansReuters
Italian bank shares rise on bad loans dealMarketWatch
Italy, EU Reach Bad-Debt Deal as Bank Shares Extend DeclineBloomberg
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