Sunday, February 14, 2016

Bcc, the reform is discussed. Zanetti: “The threshold of 200 million is arbitrary” – The Republic

MILAN – The reform of the cooperative credit approved by the last Council of Ministers is still discussing and opens the distances between some elements of the executive. In particular, it does mention the introduction of a single bank holding company for all Bcc, but also the provision of a “way out” for the largest banks: those with assets above 200 million will not be able to join, a deliberate change by the Prime Minister’s office and he remained dormant until the last. According to Enrico Zanetti must be an obligation “for everyone or for no one”, and not allow the possibility of not accede to those which have a wealth over 200 million, in part because “the threshold of 200 million is arbitrary and not acceptable.” The Deputy Minister for Economics, spoke on Interview by Maria Latella, he said: “For a Choice Civica alert is not acceptable, we have a liberal approach and would prefer to give everyone the opportunity to choose . If the system needs higher merit a choice some dirigiste to where it says ‘you have to go all’, but then you enter all, “he added then also talking about the public accounts and anticipating that a discussion on a new economic measures” is premature “but” small adjustments “,” no sconquassi “are possible.

the reform, however, has assured the deputy minister,” it is important “because there is” the objective need for a growing process of banking integration aimed at give greater guarantees to investors and savers. to achieve it is clear that disarrange established balances, but the formula that the government in absolute harmony with the world of the BCC combines this need with the maintenance of an adequate territorial autonomy for banks that are managed well and that they deserve it. ” The plant, in short, “is right and should be defended vigorously”, apart from that norm “of which he had not spoken to the last step in Palazzo Chigi.”

Even Interior Minister Angelino Alfano, has spoken of reform in in half an hour : “on the whole I agree. this provision in particular”, that is on the threshold of 200 million, “we need to recognize the associations the cooperative credit and then it will be discussed in Parliament. ” Alfano added: “I consider it unjustified polemics against Renzi on this point. It seems to me a way of provincializing a debate that instead connects us to Europe. I am opposed to open in front of clash within the government.”

the world of cooperative credit spoke yesterday to Alexander Azzi mouth, president of Federcasse, and sentenced the 200 million fixed assets for Bcc who do not wish to adhere to the holding: “no good,” because there are “differences in treatment the CBs and possible reliefs of constitutionality. “

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