Is the Euro beyond help if regular bailouts aren't successful?

Euro On Life Support If Italian Banks Can’t Make A Comeback?

  • Once Italian lawmakers in December approved a 20 billion Euro plan design to rescue Italy's weakest banks, it would be easy to say the country - and the Eurozone - could breathe a bit easier. After all, we can point to instances in other countries in which banks have been revitalized after the government recapitalized them. When we think back to the US banking crisis, financial institutions across the country made a serious comeback upon recapitalization. Remember Spain's housing bubble?…

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