'No liquidity problem' with Veneto banks

Minister says solution coming shortly

(ANSA) - Rome, May 25 - Italian Economy Minister Pier Carlo Padoan said on Thursday there's "no liquidity problem" with troubled lenders Popolare di Vicenza and Veneto Banca, for which the prospect of a bail-in is looming. "There are European procedures and we're working with those," Padoan said. "The situation must be continuously monitored and we plan to arrive at a solid solution shortly," he said.
   

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