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ECB cannot come to Italy's rescue without EU bailout, sources say

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crack of sleeping dogs free download The European Central Bank won’t come to Italy’s rescue if its governments or bank sector run out of cash unless the country secures a bailout from the European Union, five senior sources familiar with the ECB’s thinking told Reuters.

crack para idm Italy has seen its borrowing costs surge on financial markets since its new government unveiled plans to increase its budget deficit late last month, defying EU rules and reawakening concerns about its huge pile of public debt.

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cod modern warfare 2 crack no steam The sources warned that Italian banks, with 375 billion euros of domestic government debt on their balance sheet, were the possible flashpoint.

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crack for mackeeper 1.0 for mac As ELA can only be granted to solvent banks, the ECB’s Governing Council could require that an economic program is in place in Italy before it gives its all-clear to large amounts of ECB cash being disbursed, much like it did in Greece.

scooby doo baked graham cracker sticks The ECB froze the amount of ELA available to Greek banks in the summer of 2015 when Alexis Tsipras’ leftist government refused to agree to a bailout, leaving him with little choice but to close the banks.

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