Italian PM Renzi talking bullcrap
– No ECB intervention is planned for Italian banks
– We are studying solutions on non-performing loans
– Italian NPLS are less worrying than the markets perception of them
If you want to know why Europe is in such a mess it’s rubbish like this. If "now" is the time to change the banking system, WTF have they been doing for the last 4/5 years?
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