European Banks Concerned About Greece Crisis, Monte Paschi Chiarman Says

Banca Monte dei Paschi di Siena SpA Chairman Giuseppe Mussari said the banking industry is worried about the Greek budget crisis and called for politicians to find a solution as soon as possible.

“The Greek crisis should be resolved as soon as possible,” Mussari said in an interview on the sidelines of a conference in Rome. “Europe, not only the banking industry, needs to be concerned about it.”

Monte dei Paschi’s “small exposure” to Greece is 20 million euros ($26.4 million), Mussari said.

“There are no risks for Italy,” Mussari also said.

To contact the reporter on this story: Lorenzo Totaro in Rome at ltotaro@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.