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Italy Prepares For "Impact From Hypothetical Worsening" Of Deutsche Bank "Crisis"

In addition to a banking crisis that nobody wants to really admit is raging (even as German banks are now laying off thousands of workers, ignoring everything else), Germany has another embarrassing issue to deal with: pan-European Schadenfreude. It started last Friday with Greece which comforted its residents that the otherwise insolvent nation is "safe" from Deutsche Bank turmoil, after central bank head Stournaras said that "Greek banks not at risk from turmoil in European banks," adding that “we now have the tools, which didn’t exist in the past, to tackle difficult situations.
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