Despite years of recovery, Italy's bank problems are still not solved.
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The Latest: Italy vows to extradite fugitive from BoliviaROME (AP) — The Latest on Italian fugitive militant Cesare Battisti, who has been detained in Bolivia (all times local): 10:40 a.m. Italy is vowing to have fugitive militant Cesare Battisti extradited to Italy 'as soon as possible' following his capture in Bolivia. The Foreign Ministry said in a statement Sunday that Battisti's arrest overnight was the result of a 'determined effort by Bolivian and Brazilian authorities,' together with Italy's diplomatic missions. Foreign Minister Enzo Moavero Milanesi 'confirmed that the effort will continue so that his extradition to Italy can take place as soon as possible.' Battisti escaped from an Italian prison in 1981 while awaiting trial on four counts of murder allegedly committed when he was a member of the Armed Proletarians for Communism. He was convicted in absentia in 1990. He has acknowledged membership in the group but has denied killing anyone
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Germany may outdo Italy as a bank bail-in wreckerNordLB needs at least 1.2 billion euros to help provision dud loans after merger talks with rivals failed. Along with smaller Italian peer Carige, the regional German lender is a prime candidate for resolution. Politics means a mix of private equity and public funds is a likelier solution.
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These are the most affordable countries for second homesHave you always dreamed of an old house in Italy or France? Change that goal to Turkey or Greece and you may find it surprisingly affordable.
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