Italy launches €5 billion fund to help weaker banks

Media reported on 11 April 2016 that Italian financial institutions had agreed to set up a €5 billion fund to shore up weaker banks, in a state-orchestrated plan to avoid a crisis in the country's banking sector.

• Primary Source

Wall Street Joutnal, 11.04.16: Italy Agrees on Fund to Support Battered Lenders http://www.wsj.com/articles/italian-officials-meet-to-shape-bank-assistance-fund-1460387196

BBC News, 11.04.16: Italy sets up bank rescue fund http://www.bbc.co.uk/news/business-36020628

The Local.it, 12.04.16: Italy launches €5 billion fund to tackle bad debt: report http://www.thelocal.it/20160412/italy-launches-5-billion-fund-to-tackle-bad-debt-report

The Local.it, 06.07.16: World's oldest bank could become EU's newest problem http://www.thelocal.it/20160706/worlds-oldest-bank-could-become-europes-newest-problem

Deutsche Welle, 07.07.16: Inside Europe: Will Italian banks break Europe? http://dw.com/p/1JLDs

The Economist, 09.07.16: The Italian job http://www.economist.com/news/leaders/21701756-italys-teetering-banks-will-be-europes-next-crisis-italian-job

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