Italy ploughs ahead with controversial Mini-BOTs

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Italy ploughs ahead with controversial Mini-BOTs

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National flag of Italy on a flagpole in front of blue sky | Birgit Korber/BirgitKorber - stock.adobe.com

Italy’s parliament stunned the capital markets this week when it waved through a radical motion to explore issuing securities that resemble a parallel currency to the euro, in a development that has been met with almost universal derision. Frank Jackman, Lewis McLellan and Mike Turner report.

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