Macroeconomic Monitor

2016.07.20

How the ECB's monetary policy pushed Italian banks to the brink of bankruptcy

As it became clear last week, the banking sector in Italy is in a serious financial crisis and many of the country's largest banks are facing bankruptcy, which is why they need an urgent injection of capital. In the midst of the dispute between Italian Prime Minister Matteo Renzi and statesmen in Berlin and Brussels ...

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