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10 months ago

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Analysis: Italian government's raid on banks undermined by confusion

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Analysis: Italian government's raid on banks undermined by confusion

A drive to shore up its political base and appeal to the less well off lay behind the Italian government's decision to impose a windfall tax on banks but its clumsy handling could do more harm than good by shaking investor confidence.

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Analysis: Italian government's raid on banks undermined by confusion

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Analysis: Italian government's raid on banks undermined by confusion

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