Economy Minister Pier Carlo
Padoan "is considering his options" in the case of troubled
Italian bank Monte dei Paschi di Siena, including
nationalization, cabinet undersecretary Graziano Delrio said
Tuesday. The economy ministry has previously said that the
government will steer clear of the situation and Padoan himself
has said that "market operations" would be best for MPS and for
Italy's Banca Carige, both cited by the Europan Central Bank for
capital shortfalls following extensive stress tests.
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