German finmin spokeswoman, asked about Italian banks, says it is generally better to wind down unprofitable banks than to keep them alive artificially with precautionary recapitalisation
Market news
26 June 2017
German finmin spokeswoman, asked about Italian banks, says it is generally better to wind down unprofitable banks than to keep them alive artificially with precautionary recapitalisation
It is European Commission's responsibility to minimize state aid to banks
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