The European Central Bank (ECB) needs to be more clear about its calculation that ailing bank Monte dei Paschi di Siena needs more than €8 billion pumped into it, Italy's economy minister Pier Carlo Padoan says.
Padoan's comments on Thursday (29 December) at a forum organised by Financial daily Sole-24 Ore followed revelations earlier this week that the country's third-largest bank had a far higher capital shortfall than previously thought.
The ECB, which is also the eurozone's ba...
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Already a member? Login hereNikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.
Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.