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Archive Home > 2011 > November > 23 > Much depends on Italian savers

Much depends on Italian savers

By Landon Thomas Jr. / The Bulletin
November 23, 2011

LONDON — Even though Europe’s debt crisis has turned Rome into financial ground zero, Italy has been able to lean on at least one solid support: the relatively large amount of government debt held by Italians themselves.

Nearly 57 percent of Italian debt is held by Italian banks, insurance....

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