Will Italy and its ailing banks trigger the next global financial crisis?

Published: 7/06/2018
Will Italy and its ailing banks trigger the next global financial crisis?
Source: WWW.SCMP.COM

Judging by the continued jitters in Italy’s government bond market, which has suddenly become the most closely watched gauge of investor sentiment, last week’s panic over the formation of the first populist and Eurosceptic government in a leading European economy was justified. More worryingly, Italy’s political crisis has exposed the vulnerability of Europe’s banks which &

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