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Italy against German proposal of regulating sovereign holdings in banks

FILE PHOTO: Gualtieri arrives at Quirinale Presidential Palace in Rome
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BRUSSELS (Reuters) - Italy is opposed to Germany's proposal of limiting the exposure of euro zone banks to debt of a single sovereign and believes the discussion should instead be on creating a European safe asset, Italy's Economy Minister Roberto Gualtieri said. Gualtieri said the risk weights and concentration limits on bonds of a single government proposed by German Finance Minister Olaf..
Date Published: Nov 07, 2019
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