Italy cannot afford to allow political instability to affect its troubled banking system

Monti, M. (2016). Italy cannot afford to allow political instability to affect its troubled banking system.
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One of the key concerns raised since Matteo Renzi’s resignation as Italian Prime Minister is that a period of financial instability could damage Italy’s already fragile banking system. Mara Monti writes that although the short-term market reaction to Renzi’s resignation was fairly mild, there may be a more severe reaction if the political situation cannot be resolved before the end of the year.

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