Problematic loans at Italy banks 350 bln euros at end-2014

April 30, 2015 1:14 PM

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MILAN, April 30 (Reuters) - Problematic loans at Italian banks totalled 350 billion euros at the end of last year, the central bank said, adding the economy would benefit from a special vehicle that helped banks offload those least likely to be repaid.

The Italian government is in talks with European Union authorities over the creation of a "bad bank" that could help lenders dispose of troubled loans.

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