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Just how serious is Italy’s banking crisis?

€360bn of Italian bank loans are estimated to be “non-performing”

By Tony Yates  

Dutch Finance Minister and chair of the eurogroup finance ministers Jeroen Dijsselbloem, left, speaks with Italian Minister for Economy and Finances Pier Carlo Padoan at the start of the Economic and Financial Affairs Council meeting at the EU Council building in Brussels, Belgium, Tuesday, July 12, 2016 ©Darko Vojinovic/AP/Press Association Images

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