The rehabilitation of Monte dei Paschi will not fall on the shoulders of the citizens because the solution identified to solve the Sienese bank's crisis is a market one and does not involve the use of public money, not even through the Cassa depositi e prestiti. Prime Minister Matteo Renzi underlined this with satisfaction in an interview that appears today in "la Repubblica".
Renzi also highlights the important role that the Atlante fund, made up of banks, will have in canceling the ballast of the Sienese bank's non-performing loans which will therefore be able to launch a capital increase once it has completely cleared of problem loans. “I am interested in protecting account holders and savers – says Renzi – who need to know that in Italy there is a government that looks after them and not the seats on the boards of directors as has happened too often in the past: away from politics banks".
On MPS's past, the premier spares no criticism of a "part of the left, Roman and Sienese, meddling and incompetent both at a territorial and national level" which bears "enormous responsibilities" in this regard. The indirect reference to Massimo D'Alema is all too obvious.
Finally, Renzi rules out budget maneuvers and any increase in VAT.