Headline Details

Italy readies bad bank plan for risky loans - Il Messaggero newspaper

Published on: Wed, 04 Feb 2015 8:20:18 UTC
News Agency: Reuters
Description:
MILAN, Feb 4 (Reuters) - Italy has sketched out a plan for a state-backed bad bank to mop up problematic loans of Italian lenders and strengthen their balance sheets, Italy's Il Messaggero newspaper said on Wednesday, citing a draft copy of the plan.

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