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Banks in Italy are paying much higher interest rates to borrow than French or German banks leading to higher rates for small and medium sized businesses in Italy. In Italy these businesses employ about 80% of workers, in Spain which faces a similar situation the figure is about 67%. The credit squeeze is hurting the recovery.
Grouped Articles
Europe’s credit crunch: Mend the money machine
Economist 05.16.2013
Italy Central Banker Is Open to 'Bad Bank'
Wall Street Journal 02.10.2014
Bonds of Italy, Spain Narrow Gap With U.S., German Yields
Wall Street Journal 04.09.2014
For Some in Europe, High Lending Rates Hamper Recovery
New York Times 05.12.2014
E.C.B. Plots Strategy for Staving Off Deflation
New York Times 05.26.2014
In Spain, Banks Find Dry Lending Landscape
Wall Street Journal 12.04.2014
Loan Growth Suffers at Spanish Banks
Wall Street Journal 11.13.2015
Italy Agrees on Fund to Support Battered Lenders
Wall Street Journal 04.12.2016
What Spain owes the ejected Mariano Rajoy
The Economist 06.11.2018
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