19.07.2016 22:42:00
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Moody's: Italy's banking problem loan legacy puts Europe's new crisis management framework to the test
Paris, July 19, 2016 -- Moody's: The Bank Recovery and Resolution Directive (BRRD) -- the pan-European crisis management framework to deal with failing banks -- is being put to the test as Italy's banking problem loan situation unfolds, says Moody's Investors Service in a report published today.