Italy and Germany's SHOWDOWN over Deutsche Bank’s rescue

Angela Merkel's government has been put in a supremely awkward position by the crisis playing out at Germany's biggest lender, which some experts say will not go away without a state bailout.
And Italian prime minister Matteo Renzi is no doubt paying very close attentions as events unfold.
The leader has reportedly begged Germany to let him loan cash to Italy's banks, as investors have increasingly lost confidence in the institutions, which are saddled with billions of pounds worth of bad loans.
In particular, Italy's oldest bank Monte Dei Pasche has looked close to collapse several times... read more