August 9, 2016 / 8:56 AM / 3 years ago

Gross bad loans at Italian banks 197.9 bln euros in June - Bank of Italy

MILAN, Aug 9 (Reuters) - Gross bad loans at Italian banks fell 1 percent to 197.91 billion euros ($219.5 billion) in June, data from the Bank of Italy showed on Tuesday.

Problem loans after a three-year recession have become the focus of investor concerns over Italian banks, weighing heavily on shares and proving a headache for the government.

$1 = 0.9017 euros Reporting by Stephen Jewkes

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