Giovedì 24 Gennaio 2019 | 05:29

NEWS DALLA SEZIONE

On board the papal plane
Pope pays homage to late Russian journo

Pope pays homage to late Russian journo

 
Milan
Pets to be buried with owners in Lombardy

Pets to be buried with owners in Lombardy

 
Rome

Doctors urge Fico to suspend no-vax conference

 
Rome

Doctors urge Fico to suspend no-vax conference

 
Rome
Dream Europe of the people, for the people - Conte at Davos

Dream Europe of the people, for the people - Conte at Davos

 
Rome
Confident govt will last 5 yrs - Conte

Confident govt will last 5 yrs - Conte

 
Cuneo
Woman found dead with severe facial injuries

Woman found dead with severe facial injuries

 
Rome
Snow in many parts as cold snap bites

Snow in many parts as cold snap bites

 
Castelnuovo di Porto
I'll end up on street - ejected migrant with baby

I'll end up on street - ejected migrant with baby

 
Rome
Brizzi sexual violence charges dropped

Brizzi sexual violence charges dropped

 
Rome
Brizzi sexual violence charges dropped

Brizzi sexual violence charges dropped

 

Brussels

Italy gave EU 'informal plan' for bad bank, Vestager says

EC Competition Commissioner says 'ready to work together'

Italy gave EU 'informal plan' for bad bank, Vestager says

Brussels, January 14 - Italy has presented an "informal plan" to deal with non-performing loans and set up a bad bank​, said the spokesman for European Competition Commissioner Margrethe Vestager on Thursday, adding that Brussels is "willing to work together". Italy's Economy Minister Pier Carlo Padoan said the proposal will be "light but efficient". ​ "It's a proposal we've been working on for some time, which completes tools that we already have on the ground, such as the new bankruptcy proceedings," Padoan said, adding that a public guarantee could be part of the proposal. He said he is in constant contact with Vestager and hopes that things will proceed rapidly, but said an exchange must be set up before determining at what price the bad loans might be sold. ​"I believe there's a market, and just like every market for something new, it needs a start, one needs to launch a ship that then proceeds on its own, and with the improving economy it will be easier," Padoan said. Dario Scannapieco, European Investment Bank (EIB)​ Vice President for SMEs​, said it was "premature" to talk about possible EIB involvement. "The sector of non-performing loans is a relevant one in Italy, and reviving the securitisation market is essential for economic recovery and also for improving debt collection systems," Scannapieco said. "The securitisation sector held up well during the crisis because they was better structured in Europe compared to the US and are penalised by errors committed elsewhere".

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