Italy Leaders Push Banks Plan, ECB’s Mersch Cautions on MarketBy , , and
Premier Renzi, finance minister address Ambrosetti Forum
Plans for Monte Paschi, banks are key on first day of meeting
Before an elite financial and business audience, Italy’s prime minister and finance minister strove to project optimism that their drive to overhaul the country’s troubled banks will succeed. But a fellow guest from the European Central Bank damped expectations with a warning the market could have the last word.
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