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Artikel zu Schlagwort: Italy
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Gast-AutorIn / Guest Author am 30th June 2017

Quo vadis banking union? Italian banking crisis

Stefan Rößler, Fund manager Fixed Income Erste Asset Management

Author: Stefan Rößler
Fund manager Fixed Income

The real estate bubble started to burst in the USA roughly ten years ago, tossing the global economy into a severe recession mainly on the back of contagion effects in the financial sector.

In order to avoid a bad situation from getting worse, many financial institutes had to be bailed out by governments and thus ultimately by the taxpayers. One of the learning points of the financial crisis  is to prevent taxpayer-funded bank bail outs in the future.

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Gerhard Winzer am 02nd December 2016

Italy – the third domino

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On Sunday 4 December Italy will be holding a referendum on an amendment to the constitution. This is relevant particularly because in case of a rejection, the political uncertainty would increase.

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