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NOV 05, 2013 - Business Insider

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Italian Banks Are Near Their Saturation Point On Government Debt

MILAN (Reuters) - Italian banks are near saturation point after two years spent frantically buying their own government's bonds, forcing the Treasury to find alternative investors at home and abroad to finance a 2-trillion euro debt. Lenders' ability to soak up yet more Italian sovereign debt depends largely on the European Central Bank - which in turn says Italy is crucial to the fate of the entire euro zone. In the coming year the ECB will make strict health checks on banks across the bloc, including a provisional 15 inItaly. It must also decide whether to roll over ... Read More

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