Meloni Adviser Says Paschi Should Delay Plans to Raise Capital
A Banca Monte dei Paschi di Siena SpA bank branch in Rome.
Photographer: Alessia Pierdomenico/BloombergThis article is for subscribers only.
The top economic adviser to Giorgia Meloni, front-runner to become Italy’s next prime minister, called for a delay in Banca Monte dei Paschi di Siena SpA’s plans to raise capital.
“We need to push back the decision on the capital increase,” Maurizio Leo, who coordinates the economics and finance department of Meloni’s Brothers of Italy party, said in an interview. “It is a difficult time and it is better to wait for the new government.”