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Main Topics => YoNews Portal => Topic started by: YoNews on Jul 17, 2017    06:20:07 AM

Title: Fears of “Doom-Loop” between Italian Banks and Government Bonds Resurface
Post by: YoNews on Jul 17, 2017    06:20:07 AM
Fears of “Doom-Loop” between Italian Banks and Government Bonds Resurface

After two controversial bank rescue operations that stretched Europe’s bank resolution laws beyond recognition, things are beginning to look a little less desperate for Italy’s banking sector. The initial market reaction to the interventions has been overwhelmingly positive. For the first time in years Italian banks are leading Europe’s Stoxx 600 bank Index — upwards, not downwards.

Source: Fears of “Doom-Loop” between Italian Banks and Government Bonds Resurface (http://www.blacklistednews.com/Fears_of_“Doom-Loop”_between_Italian_Banks_and_Government_Bonds_Resurface/59754/0/38/38/Y/M.html)