Meloni’s Allies Clash Over Plans to Sell Monte Paschi Bank
- Deputy Prime Minister Tajani said the sale may be accelerated
- Meloni’s coalition has also squabbled over a proposed bank tax
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Italy’s governing coalition is fighting over plans to sell state-owned assets, including the world’s oldest bank, to bolster finances stung by a souring economic outlook.
Deputy Prime Minister Antonio Tajani, who took over the business-friendly Forza Italia party after the death of its founder Silvio Berlusconi, set the tone at the annual gathering of Italy’s most influential power brokers by saying the government should accelerate its efforts to sell a controlling stake in Banca Monte dei Paschi di Siena SpA.