Northern League's Umberto Bossi Concerned UniCredit Risks German Takeover

Umberto Bossi, head of the Northern League party in the governing coalition, said he’s concerned that UniCredit might fall into German control. Bossi, speaking to reporters in Rome, said: “It was feared that Germany would take over the bank but then we saw that they didn’t have the numbers.” Banking foundations which are investors in UniCredit must “organize the defense” of the bank from foreign control, he said.

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