Renzi faces political backlash over Italian banks’ rescue – Financial Times


Financial Times
Renzi faces political backlash over Italian banks’ rescue
Financial Times
The public opposition has led Italian officials to consider the rare step of paying a “social subsidy” to the most financially vulnerable junior bondholders who took a hit in the agreement to save Banca Etruria, Banca Marche, CariFerrara and CariChieti.
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