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Italian Bank Still in Trouble
Posted Dec 17, 2019 by Martin Armstrong
Italy is again helping a troubled bank. The government approved an emergency ordinance to support the Volksbank Popolare di Bari on Sunday and provided grants of up [...]
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Bank of Italy Bails Out Four Banks
Posted Dec 21, 2015 by Martin Armstrong
The European banking crisis is brewing. Last month alone, the Bank of Italy poured €3.6 billion euros into Banca Marche, Banca Etruria (PEL.MI), CariChieti, and [...]
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