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
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.

Click here for FULL Story on Reuters

Also happening now

HeadlineNews Agency
China committed genocide against Uyghurs, independent tribunal rules BBC
Saudi camel beauty pageant cracks down on cosmetic enhancements BBC
Sauti Sol singer Chimano hailed in Kenya for coming out as gay BBC
Human remains found in car linked to 45-year-old cold case BBC
China warns nations will 'pay price' for Olympic boycott BBC