Can Italy’s Bank Rescue Plan Stave Off Wider Economic Uncertainty?

The Porta Nuova business center, Milan, Italy, March 11, 2016 (AP photo by Luca Bruno).
The Porta Nuova business center, Milan, Italy, March 11, 2016 (AP photo by Luca Bruno).
SUBSCRIBE NOW
Free Newsletter

Pity Matteo Renzi. Italy’s prime minister knows that his country’s troubled banking system has put its nascent economic recovery at risk. Yet Italy’s own financial weakness and European Union rules severely constrain his options. Not all the news is bad, though. Renzi’s financial team has come up with an imaginative response to the country’s bank problem with what they call the Atlante Fund, a rescue package to buy up risky loans. But the fund has its own limits, given the precariousness of Italy’s finances, and by implication Europe’s. Past regulatory oversight or maybe just negligent private management have left Italian […]

TO READ MORE

Enter your email to get instant access to this article and to receive our free email newsletter:

Or, Subscribe now to get full access.

Already a subscriber? Log in here .

What you’ll get with an All-Access subscription to World Politics Review:

A WPR subscription is like no other resource — it’s like having your own personal researcher and analyst for news and events around the globe. Become a member now, and you’ll get:

  • Immediate and instant access to the full searchable library of 15,000+ articles
  • Daily articles with original analysis, written by leading topic experts, delivered to you every weekday
  • Daily links to must-read news, analysis, and opinion from top sources around the globe, curated by our keen-eyed team of editors
  • Weekly in-depth reports, including features on important countries and issues.
  • Your choice of weekly region-specific newsletters, delivered to your inbox.
  • Smartphone- and tablet-friendly website.

And all of this is available to you — right now for just $1 for the first 3 months.

More World Politics Review