Palazzo Chigi denies the Financial Times. “Premier Enrico Letta has never expressed opposition to thehypothesis of a bad bank”. This was announced by Palazzo Chigi, commenting on an article that appeared today in the British newspaper entitled "Italy rejects the hypothesis of a bad bank for fears of a downgrading".
Saturday, trading in Forex, the governor of Bank of Italy Ignazio Visco had opened up the creation of a new vehicle to manage the non-performing loans of Italian banks, without excluding "more ambitious interventions" by those so far in the pipelinewhile complying with European standards.
In today's article, which quotes a government source, the English newspaper contrasts Letta's position with that of Via Nazionale: the Premier would consider the hypothesis of a bad bank counterproductive for Italy, because it could have negative consequences on the sovereign rating .
