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This R&D provides resources on the Italian economy. One of the ailing economies of the European Union (EU), Italy’s banking system has received a poor review by EU stress tests due to the fact that they hold €360 billion in underperforming loans. Since Italy’s government has worked to guarantee the debts of its banks, this could impair its fiscal position and it is causing significant headaches for Prime Minister Matteo Renzi, who hopes that economic problems do not imperil a looming referendum on constitutional changes.
Italy doesn’t have a monopoly on banking crisis in Europe… https://t.co/QsTqfnVwOd
— Megan Greene (@economistmeg) August 11, 2016
Italy’s bank saga spreads its trouble wide https://t.co/a0panfdnCI vía @FT pic.twitter.com/uRndpCER41
— Banking Union EU (@BankingUnion_eu) August 10, 2016
Italian economic growth collapses as euro banking crisis looms https://t.co/ts6mGJPGXt
— David Jones (@DavidJo52951945) August 13, 2016
Italy’s financial system remains too big to fail and too big to save https://t.co/jb2qd9eOvi vía @markets
— Banking Union EU (@BankingUnion_eu) August 10, 2016
Bank of Italy head says can’t rule out state aid for lenders https://t.co/uMiTjV19T6 vía @Reuters
— Banking Union EU (@BankingUnion_eu) August 5, 2016
Seeking solutions: Italy’s banks #MDP #banking #Italy #italianproblems https://t.co/6uCmBxGWax
— Frank Aquila (@FAquila) August 8, 2016
“Italy doesn’t have a banking crisis; it has a euro crisis” https://t.co/nj03YCmPFC
— CBerg (@cbergy69) August 4, 2016
Italy’s banking problems – signs of financial stress from Italian banks https://t.co/63Rhy46i1U pic.twitter.com/vEAhCxTAhD
— Innovation Tax (@InnovationTaxUK) August 5, 2016
On the heels of #Brexit….ItaLeave? #Banking #Italy https://t.co/0lfODmDyND
— James Hutchison (@HutchFIS) August 6, 2016
Once contagion spreads from Italy to Germany, then to the UK, we will have a new banking crisis much worse than 2008 https://t.co/r4HPOFxkob
— Tony Gosling ✈ (@TonyGosling) August 5, 2016