Italy cabinet secretary suggests ban on shorting bank stocks
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ROME (Reuters) - Italian cabinet secretary Giancarlo Giorgetti has called for a ban on the short selling of bank stocks in an effort to protect domestic lenders from a rise in bond yield spreads.Italian banks, which hold billions of euros of the country's government bonds, are paying the price for a jump in sovereign borrowing costs triggered by market fears over the ruling coalition's big-spending, 2019 budget plans.The European Commission is set to take a first step later on Wednesday towards..