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Italian Deputy PM Salvini recently crossed the wires delivering the key quotes, via Reuters, found below.

  • No Italian bank will collapse.
  • Government won’t backtrack even “half a millimetre” on budget.
  • Italy is ready to respond if anyone is thinking of speculating and using bond spreads to try to weaken it.
  • Asked about a possibility of Monte  Paschi merging with another bank, says “why not?”.
  • Sees no objection to possible Monte  Paschi merger with another bank “If it makes economic sense”.