Mamma Mia: Italian Banks on Verge of Collapsing Entire Eurozone Financial System

Mamma Mia: Italian Banks on Verge of Collapsing Entire Eurozone Financial System

A stress test conducted a few days ago by the European Banking Authority confirmed a poor condition of many credit institutions in Europe. Italian banks and Germany’s Deutsche Bank are doing the worst. In recent months, Deutsche Bank shares have lost 25% of their value, French bank Société 23%

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