Sections

Delrio says MPS nationalization, other options on table

Cabinet undersecretary says Padoan reviewing troubled bank

Redazione Ansa

(ANSA) - Rome, November 4 - 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.
   

Leggi l'articolo completo su ANSA.it