Quotes from the news wire:
Italy may have some small strong banks too but at some point there is obviously a need for more transparency, one clear lesson to be learned from Spain is that you cannot wait forever.
Found on Reuters 8 years ago
The main problems in Spanish lenders were their high exposure to the real estate business, whereas Italian banks are more exposed in lending to businesses and households. And that makes it more difficult to address the problems.
Found on Reuters 8 years ago
It's not that banks in other countries don't have problems, but in Italy it's more widespread, because you have lots of small banks that do not have the shock absorption capacity you find in bigger banks, a third of the banks that failed the ECB tests were Italian, but since then not much has happened.
Found on Reuters 8 years ago
We are still in the early stages of discovering what the BRRD implies in practice and the transition is going to be long, shaped by individual cases and not just by the legislation itself, it would be misguided to exclude any use of public money in future.
Found on Reuters 9 years ago
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