As the Italian government remains adamant on holding on to promises of increased public spending and lower taxation, all eyes are turning on Italian lenders.
Loss of confidence in public finances has immediate repercussions on public confidence in the banking sector. That point was made on Wednesday by the IMF, two credit rating agencies, and “senior EU sources” speaking to Reuters.
The toll on banks
European supervisors are taking a closer look on Italian banking sector liquidity levels, “al...

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