The Italian banking system has
failed to extend enough credit to the country's small and
medium-sized businesses, according to a report released Tuesday
by business group Confcommercio. It calculates that since 2010,
some 97 billion euros in credit could have been used by
businesses but was not available, or offered only at
unaffordable interest rates, in some cases up to 15%. The report
comes as Premier Matteo Renzi's cabinet debates significant
changes to ownership rules at some Italian banks.
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