German hard line on Italy may rebound with Deutsche in crisis
Germany's insistence that Italy accept tough conditions in tackling its problem lenders may rebound now that Berlin faces a banking crisis of its own. After months of argument over how to deal with bad debts in the Italian financial system, Deutsche Bank instead took center stage on Friday, with its share price near record lows and its chief executive trying to reassure staff and markets that Germany's biggest bank remains robust.
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