Unicredit’s Vita Praises Merkel’s Euro Crisis Strategy, HB says

Unicredit SpA Chairman Giuseppe Vita said Angela Merkel is doing everything right in her fight against the debt crisis, Handelsblatt reported, citing an interview.

Unicredit will never need state funding even if the difficult situation for the banking industry prevails, Handelsblatt cited Vita as saying.

To contact the reporter on this story: Annette Weisbach in Frankfurt at aweisbach1@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

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