Saving Italy's Banks
A bad debt crisis in Italy's banking sector threatens a credit crunch in the eurozone. We ask how the country might go about saving its banks.
How should the Italian government go about saving its banking sector when EU rules limit the amount of money it can make available for a bail-out? We speak to Lorenzo Codogno of LC Macro Advisors, a former director general at the treasury department of the Italian Ministry of Economy. Also, Shilpa Kannan reports from India, which is paying a high price for its obsession with gold. We hear what the government is doing about it. And, our regular commentator Lucy Kellaway of the Financial Times, spells out the basic rules of corporate rebranding.
(Picture: Headquarters of Monte dei Paschi di Siena; Credit: Giuseppe Cacace/AFP/Getty Images)
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- Mon 11 Jul 2016 07:32GMT91热爆 World Service except News Internet
- Mon 11 Jul 2016 15:06GMT91热爆 World Service except East and Southern Africa, News Internet & West and Central Africa
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