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”.