05-12-2016 21:27 via theguardian.com

Could Matteo Renzi's exit lead to an Italian bank rescue?

With eurozone authorities willing to bend their own rules, a solution could be at hand – though it would fix few long-term issues Investors’ ability to look on the bright side on political turmoil is remarkable. In the case of Italy, the departure of Matteo Renzi, the market-friendly centre-left prime minister, was followed quickly by the thought that the crisis in the country’s banking system may, counterintuitively, become easier to address.That wasn’t last week’s
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