EU markets watchdog tells banks to investigate stress test rumors

(Reuters) - The European Union's markets watchdog has warned banks they must investigate any rumors about how they have fared in the European Central Bank's banking sector health check, sources familiar with the matter told Reuters.

Euro still at risk without closer union - Italy central bank head

MILAN (Reuters) - The European single currency will remain at risk if Europe is not able press ahead with closer political and economic union, the governor of the Bank of Italy said in an interview published on Sunday.

Italy Economy Minister: Bail-In Rules Won't Apply in Short Run

ROME--New European "bail-in" rules for troubled banks won't necessarily apply in the short term, Italian Economy Minister Fabrizio Saccomanni said Wednesday.

Could Italy be next? Fears after Spain bank rescue

Even as the global economic community hailed an agreement to rescue Spain's stricken banks, there was concern in Rome on Sunday that investors could now begin treating Italy as the next weak link in the eurozone.