Thursday

21st Sep 2017

Ticker

Report: Italy to rescue bank with €6.5bn instead of €5bn

Italian officials have told international media that the government will pump €6.5 billion into the ailing Monte dei Paschi di Siena bank, instead of the initially reported €5 billion. Italy's government agreed to bail out the bank last week. "The state intervention will bring security to the bank, and it will become one of the safest in the world," one Italian official told the FT on Tuesday.

Spain arrests Catalan officials

Armed Spanish police have arrested Catalan officials and seized ballots for an independence referendum, prompting appeals for EU help.

Investigation

The rise of the German alt-right

Ahead of Sunday's German elections, a growing number of anti-establishment, anti-Islam websites have created an echo chamber for the radical right.

News in Brief

  1. Catalan leader decries Spanish government intervention
  2. Hungary set for fresh campaign against public enemy Soros
  3. Iceland's PM leads in polls ahead of October elections
  4. Erdogan demands Iraqi Kurds cancel referendum
  5. Ireland to hold referendum on ownership of water
  6. Report: May to offer €20bn as Brexit bill in Florence speech
  7. Merkel poised to win election despite CDU dip in polls
  8. EU unveils cyber security ideas

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