Italy's banks under fire over laborious rollout of state-backed loans

ROME (Reuters) - Italy's banks came under fire at a parliamentary hearing on Wednesday where they faced accusations of hampering the rollout of state-guaranteed loans to businesses hit by the coronavirus.Two weeks after the government approved emergency liquidity measures to prop up the economy, Italian firms on Monday started requesting loans of up to 25,000 euros (21,970.68 pounds).Under the measures, the 100% state guarantee on such loans should exempt banks from needing to assess..