The Italian job – The Economist

New York Times
The Italian job
The Economist
Amid stagnation and deflation, Italy’s banks are in deep trouble, burdened by some €360 billion ($400 billion) of souring loans, the equivalent of a fifth of the country’s GDP. Collectively they have provisioned for only 45% of that amount. At best
Italy’s Plan for Banks Could Roil EuropeNew York Times
MarketsBail-out nerves still shredding Italian banks stocksFinancial Times
Italy: Europe’s next domino to fall?CNNMoney -Bloomberg -CBS News
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