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Pensions

Renzi vows to aid savers hit by bank rescue
Politics

Renzi vows to aid savers hit by bank rescue

Prime Minister Matteo Renzi on Thursday vowed to help shareholders and bondholders, after the government came under fire for a bank rescue plan that led one pensioner to commit suicide after losing his entire savings.
Man kills himself as bank failure wipes out savings
Pensions

Man kills himself as bank failure wipes out savings

The death of a pensioner, who killed himself after losing his life savings as a result of a controversial move by the government to rescue four banks, has sparked outrage in Italy, with two consumer associations calling for a criminal case inquiry.