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Italy’s Populist Government Wants to Take Over a Troubled Bank, Salvini Says

A Banca Carige bank branch in Rome.

A Banca Carige bank branch in Rome.

Photographer: Alessia Pierdomenico/Bloomberg

Italian Deputy Prime Minister Matteo Salvini threw a new twist into the Banca Carige SpA saga, saying the government’s goal is to bring the struggling lender under state control.

“I am sure that Europe will allow Italy to do what is good for Italians, that is to bring it under state control,” Salvini told reporters at a press conference in Warsaw on Wednesday. “If there are profits, the state will receive them, not some private bodies.”