The minister rejected as an "impressionistic assessment" the idea that a bank crisis must inevitably lead to bankruptcy: "It remains a rare event".
The Italian banking system "is solid, we have nothing to hide". These are the words of Fabrizio Saccomanni, Economy Minister, who is responding today to the assessments that have been circulated for some time in international circles – including the Monetary Fund – on the presumed weakness of Italian banks.
Saccomanni rejected as an "impressionistic assessment" the idea that a bank crisis must inevitably lead to bankruptcy: "It remains a rare event".
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