Italy to pay up to €17bn to rescue 2 failing Venetian banks

https://www.rt.com/business/394061-italy-failing-venetian-banks/?utm_source=rss&utm_medium=rss&utm_campaign=RSS

Preview Rome has released €5.2 billion in emergency funding on Sunday to wind up the failing Banca Popolare di Vicenza and Veneto Banca, with the country’s finance minister saying the total bailout costs might reach €17 billion.
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