Monday

26th Sep 2016

Ticker

EU rules out state aid to Italian banks

The crisis of Italian banks is "not acute" and solutions can be found within the framework of EU rules saying that private investors have to pay first, Eurogroup president Jeroen Dijsselbloem said Monday. "As long as authorities in Italy and banking auhorities are contructively talking we should allow them time to do that," he said. The Italian government has been asking for support for banks weakened by bad loans.

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