Banks, Padoan: the Italian system solid, I do not expect bail-in – The Sun 24 Hours

“I don’t think there will be other difficulties. The Italian banking system is solid. I do not expect any operation of bail-in Italy”. He said the minister of Economy Pier Carlo Padoan, to the microphones of Cnn. Speaking from the headquarters of the international monetary Fund in Washington, where they are doing the work of the autumn of the institute, Padoan explained that “there are some critical cases”. And that non-performing loans “in general are many, but not as much as sometimes I read in the tour.” And they’ll be back to more normal levels”. Concepts similar to those highlighted by the governor of the bank of Italy Ignazio Visco, in an interview to Bloomberg reported, “not all the Italian banks have problems” and a ” substantial number of Italian banks are doing well.”

in bad Loans, Italian banks in the “viewfinder” of the Imf

Padoan: including two years in head-to-train “growth” the Eu
“We are in the middle of the train” of european growth, and in a couple of years we will be at the head of the train,” said the minister of the Economy in the Cnn interview. “We grow in time, not from day to night” highlighted Padoan, pointing out that the reforms are starting to bear their fruits. “We’re starting to see the results we need time, we will not stay where we are,” said the minister, convinced that the growth will accelerate”.

the”Brexit should be implemented, no mixed solutions”
On Brexit, Padoan cut it short by saying: “was voted by the English and has to be implemented”. The term “punishment is not in the conversation: the question is the assumption of responsibility,” said the minister of the Economy, stressing that “the mixed solutions do not work. We need to be clear about who is inside and who is outside the single market”.

the Referendum, Renzi: is the future of the Country, not on my

“If he wins no in the referendum, lost opportunity,”
Economy minister also spoke of the constitutional referendum, saying in an interview with Cnbc that a victory of the no would be a “lost opportunity” for Italy. Padoan added that the markets are “exaggerating the consequences” of a potential head-to-head between the no and the yes in the next referendum on constitutional reform. And he added that staying in the present structure, Italy would be blocked by the “many defects” of the system on which you want to put the hand with the aim of making it “more efficient, more stable and more eterminato long-term”.

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