Premier Matteo Renzi said
Friday that he was confident that Italy's banking system was
more solid than Germany's despite the recent rescue of four
small lenders.
"The solidity of the Italian banking system is better than
that of Germany," Renzi told reporters at the close of a summit
of EU leaders.
"I represent a country that follows the rules even when I
didn't choose them - let us avoid easy alibis," he said.
"When (German Chancellor Angela) Merkel spent 247 billion
euros to save her banks she did so within the rules...It would
be too extravagant to hold the chancellor responsible for that.
I wasn't there, and Italy did not do so," Renzi concluded.
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