The Italian central bank just published new data about the bad debts crippling the nation’s financial system. After years of not tackling their non-performing loan burden, Italy’s banks are finally getting their act together
Source: Bloomberg – There’s more to come. Deloitte, a consultancy firm, calculates that while the volume of offloads slowed in the first half of this year, the “hectic” pace of deals currently being negotiated signals a second-half pickup in activity
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