Italian banks: it's all political

By Tyler Davies
15 Aug 2019

Political chaos in Italy disguises the progress made turning around the country’s banking sector.

Italian credit spreads lurched wider after deputy prime minister Matteo Salvini called for snap elections this week.

The move rekindled concerns about political instability in Italy, which threatens to play havoc with the country’s next round of budget discussions with the EU.

Against this kind of ...

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