Italian banks are again incurring the brunt of the damage in an EU selloff as Spain looks to...

|By:, SA News Editor

Italian banks are again incurring the brunt of the damage in an EU selloff as Spain looks to have been officially replaced as the next domino in the EU debt crisis. Unicredit -5.4% is threatening to take out its panic low of June 24 following the Moody's downgrade warning. Italy -1.8%.