Hot QUITALY-WATCH! Italy's EZ Banking crisis metastasises- Finance Minister reveals "EU NEAR COLLAPSE!"

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#45
Eurozone DEBT bubble to BURST: ECB asks banks to 'set aside cash' to cover €1TRN bad debt

EUROZONE banks have been ordered to hold billions of pounds worth of extra cash amid fears toxic loans within the block could plunge lenders into a fresh debt crisis.

The problem is particularly acute among Italian lenders - with toxic debt threatening to collapse the country's banking system over the past year.






Eurozone DEBT bubble to BURST: ECB asks banks to 'set aside cash' to cover €1TRN bad debt