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Padoan: “Bad bank? We evaluate various hypotheses”

As for Greece, "it is inappropriate to talk about leaving the Euro: the Eurogroup is a place for sharing and seeking solutions".

Padoan: “Bad bank? We evaluate various hypotheses”

"We're working on it". With these words, the Minister of the Economy, Pier Carlo Padoan, replied to those who asked him about the hypothesis of creating a bad bank for bank non-performing loans.

The minister, questioned at a conference of Italian Europeans, however specified that the method of managing non-performing loans "can take various forms which we are evaluating".

As for Greece, "it is inappropriate to talk about leaving the Euro: the Eurogroup is a place for sharing and searching for a solution to put Greece back on a path of sustainable growth compatible with its financial commitments".

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