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The banks and the sinking boats

Who among us did not suffer when hearing the news of the over 200 souls who drowned in the sinking of an illegal migrant boat off Egypt’s coast? Most of them were young men who were desperate to realise the dream of becoming rich in Europe. In the end, they did not come to realise …

Hany Aboul Fotouh

A new start needed for Italy’s banks?

The Italian finance professor Claudio Zara calls for flexibility in eurozone rules covering government-financed bailouts in cases where banks’ bad-debt burdens were largely caused by economic downturns – as in Italy.

Deutsche Welle