Fears of “Doom-Loop” between Italian Banks and Government Bonds Resurface

http://ift.tt/eA8V8J

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.

Vía BlackListed News http://ift.tt/2t6cg5m

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