Crisis-ridden Italian banks are facing a watershed moment on Friday, when the European Banking Authority’s stress test results will reveal which lenders are in the danger zone of needing more capital to weather a potential new economic crisis.
ROME (dpa-AFX) - Hourly wages in Italy increased for the first time in four
months in June, figures from the statistical office Istat showed Thursday.
Contractual hourly wages rose 0.2 percent month-over-month in June, after
remaining flat in the...
MADRID (dpa-AFX) - Europe's new commercial vehicle registrations increased
for the 18th consecutive month in June, data from the European Automobile
Manufacturers' Association showed Thursday.
Commercial vehicle sales grew 13.3 percent...
Italy's banking sector is in crisis.
As the results of the European banking stress test
— which could be a make or break moment for Italy's fragile financial institutions — it is worth looking at why the country is in such a...