Brussels, 25/07/2016 (Agence Europe) - There is no banking problem in Italy, it's one particular case, which is being dealt with, that of the bank Monte dei Paschi, explained the Italian finance minister, Pier Carlo Padoan, to the television channel CNBC, at the G20 meeting held in Chengdu on Saturday 23 and Sunday 24 July.
The bank in question has accumulated non-performing loans to a level in the neighbourhood of €360 billion. The Italian banks are no more vulnerable than they used to be;...