Zingales: Italy Has to Stick to the Rules

The transcript discusses the financial crisis involving Italian banks, focusing on the criticism of the Italian government's handling of the situation by Luigi Zingales. It highlights the challenges faced by the banks, including the need for a significant intervention to stabilize the situation. The discussion also touches on the political implications and the role of EU rules in managing bank bailouts, emphasizing the need for timely and effective solutions.

What intervention is suggested to be necessary for the Italian banking system?

How does the European Union's approach to banking rules differ between peripheral and core countries?