Too big to resolve? The BRRD's uneasy Italian landing
In the wake of the first assessment of the vulnerability of Europe's banks since late 2014, GRR explores what Italy's wrangles with a pile-up of non-performing loans reveal about the challenges of a single resolution directive applied across the EU's diverse banking systems.
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GRR is a daily information service providing cross-border insolvency and restructuring news, features and events.