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Italy's PM says no rush to sell minority stake in Monte dei Paschi, supports mergers.
Italian Prime Minister Giorgia Meloni said the government remains open to selling its remaining stake in Monte dei Paschi di Siena, now under 5%, but stressed there is no urgency.
She expressed support for potential mergers to strengthen the bank, though the government lacks authority to push such deals.
MPS shares rose after the comments, while Meloni dismissed concerns over a Milan prosecutors’ probe into its 2017 Mediobanca acquisition, stating no illegal actions by the government were found.
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El primer ministro de Italia dice que no hay prisa por vender la participación minoritaria en Monte dei Paschi, apoya las fusiones.