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Banks: 10 billion recapitalization from the Def

Among the various measures included in the Def there is also an intervention for the precautionary recapitalization of banks in difficulty, for which the document hypothesizes "a use equal to about half of the resources made available with the decree" of 23 December last, which created a ad hoc fund, to be used for 2017 alone, of 20 billion.

The main measures contained within the are beginning to take shape Economics and finance document and of the National Reform Plan published on the website of the Ministry of the Economy and sent to the Chamber.

Among the various measures included in the Def there is also an intervention for the precautionary recapitalization of troubled banks, for which the document assumes "a use equal to about half of the resources made available with the decree" of last December 23, which created an ad hoc fund, to be used for 2017 alone, of 20 billion. The resources available to institutions could therefore amount to 10 billion euros. 

At the end of 2016, Parliament had authorized the increase of up to 20 billion in public debt to safeguard the stability of the Italian banking system. The aforementioned preventive recapitalization by the state could concern, in addition to Monte dei Paschi, on which negotiations are underway with the European Commission, also the two Veneto banks currently in crisis: Banca Popolare di Vicenza and Veneto Banca. 

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