Mps, the reactions: the M5S asks for the help of the State and the protection of savers – The Republic

MILAN - The “no” of the Ecb to give more time to the Monte dei Paschi to organise the increase of capital, that opens the way for a public intervention, generates a series of reactions in the world economic and political: they range from who the accusation of “irresponsibility” the Supervision of Frankfurt (Lando Sileoni of the trade union of bank Fabi) back to point the way to a save State with the protection of investors (the M5S).

“If it were to be confirmed the Ecb’s decision not to grant Mps to the extension for the capital increase, we would be in front of a position of irresponsible, insane, arrogant, to the limits of provocation,” says Sileoni, secretary general of the Fabi, remembering that “dance” are the “fates of 26mila employees and their families, and more than 5 million customers”. “At this point, he adds, it becomes imperative that it be appointed immediately a new government, and which above all remains the minister of the Economy Pier Carlo Padoan, the only one who could handle a situation that is so complex and difficult and that it may, together with the chief executive officer of Mps, Marco Morelli, and succeed by the end of the year to gather investors to recapitalise the group with 5 billion”. The hope is, therefore, to attempt the way of a capital increase on the market.

other than the setting of 5-Star Movement, as it is manifested on the blog of Beppe Grillo: “the Mps can now be saved only by the help of the State, so as not to apply the bail-in small depositors as happened a year ago. This intervention must be done at a deficit, as it has always repeats the 5 Star Movement and how, finally, seems to be discussing at the institutional level”. The governor of the tuscan, Henry Doe, SkyTg24 stresses that “they had to decide and act first”, but at this point, the public aid can be solver: “I do Not see it as a negative intervention of the State on Monte dei Paschi. Can be a right key if the intervention fails to protect the savings of many citizens. He intervenes to save an important company of the credit”. For Maurizio Sacconi, “you requires a consultation of all the political forces in order to ensure a broad consensus on the decisions to be take n. And everyone will take his responsibilities”.

Francesco Boccia of the Pd, spoke Omnibus on La7, has welcomed the road of public aid in favor of (“for months I talk about it”) and noted that the Brrd, directive on bail-in, “allows for exceptional cases for the intervention”. “We are not willing to nationalization of private banks, unless there is a law according to which the saving banks with public money is not governed by rules that are” certain”, has specified the president of Brothers of Italy, Giorgia Meloni.

Topics:

Mps

m5s

Starring:

Lando Sileoni

Enrico Rossi