EU Competition Commissioner Margrethe Vestager said on Monday that it's Italy's responsibility to decide whether or not it wants to create a bad bank to handle Italy's bad loan issues.
"Many member states have put systems in place to manage bad loans," Vestager said. "We have a lot of experience on how to do so. We've shared our information with the Italian authorities. It's not for us to decide. We've indicated the possible roads. There are various opportunities".
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