Tag Archives: montepaschi siena

Will the Euro break-up?

‘Italy could be a bigger threat to the Euro than brexit‘ – Andrew Edwards, chief executive of ETX Capital The British pound plunged to fresh 31-year lows yesterday and was traded below 1.28 USD, but the fallout from Brexit has also brought renewed attention to Italy’s ailing banking system with the country’s 400 billion USD in non-performing loans.  A few days …

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