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Innovative ways to recapitalize banks and reduce government debt in Italy in 2012
07/13/2011
Italian banks exchange Italian government bonds for government properties, which they lease back to the government. The banks use the properties as collateral for loans from the ECB, and Italy's government retires the bonds and reduces the debt load. This is part of new legislation passed in the Italian parliament under Mario Monti in Dec. 2011.
Grouped Articles
Spanish Banks More Vulnerable Than Italy's
Wall Street Journal 07.13.2011
Italy Central Banker Is Open to 'Bad Bank'
Wall Street Journal 02.10.2014
Italy Agrees on Fund to Support Battered Lenders
Wall Street Journal 04.12.2016
Just Don't Call It a 'Bailout'
Wall Street Journal 12.20.2011
Euro-Zone Banks Tap Big ECB Loans
Wall Street Journal 12.21.2011
Staring Into the ECB's Mini Bazooka
Wall Street Journal 12.21.2011
A Central Bank Doing What Central Banks Do
New York Times 12.21.2011
European Banks Rush to Grasp Lifeline
Wall Street Journal 12.22.2011
Italy’s uphill financial fight - The Washington Post
Washington Post 12.27.2011
Mario Monti and Italy's Generational Crisis | Foreign Affairs
Foreign Affairs 02.14.2012
For Italian Banks, Future Is Cloudy
Wall Street Journal 05.16.2012
Why Monti, despite Merkel, could prove the euro’s best hope - The Washington Post
Washington Post 06.24.2012
Italy's Leader Calls Economic Efforts "a Very Tough War"
New York Times 07.11.2012
Italian's Job: Premier Talks Tough in Bid to Save Euro
Wall Street Journal 08.07.2012
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