Italy launches €5 billion fund to help weaker banks

Series Title
Series Details 12.04.16
Publication Date April 2016
Content Type

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.

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Wall Street Joutnal, 11.04.16: Italy Agrees on Fund to Support Battered Lenders
BBC News, 11.04.16: Italy sets up bank rescue fund
The, 12.04.16: Italy launches €5 billion fund to tackle bad debt: report
The, 06.07.16: World's oldest bank could become EU's newest problem
Deutsche Welle, 07.07.16: Inside Europe: Will Italian banks break Europe?
The Economist, 09.07.16: The Italian job

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