Siena, for Letta scoglio Mps-Unicredit

by time news

Time.news – In the election campaign for the seat of Siena to the supplementary for the Chamber, where the Democratic Party deploys the secretary Enrico Letta, the story breaks Mps, with Unicredit which opened negotiations with the Mef to acquire a part of the historic credit institution.

The Monte Paschi – one of the oldest banks in the world, which has seen a strong since 2017 state participation to secure the bank accounts – it is the fundamental asset of the economy of the Tuscan town. Not only that: for decades the bank has had a close dialogue with the world of the Italian left. The reactions of the political forces that support the government majority are cautious with respect to the merger hypothesis.

“The hypothesis of transferring a selected perimeter of Mps to UniCredit is a great scope and complexity, both for the banking system and for the country’s economy. We believe imperative that the government – majority shareholder of Mps – discuss in Parliament the reasons for the operation and the bank’s prospects and immediately initiate a discussion with the trade unions and local institutions involved “, explained Antonio Misiani, Head of Economics at the secretariat Pd, and Simona Bonafè, secretariat of the Pd Toscana.

Matteo Salvini warns: “We have to negotiate more time with Europe, otherwise we will give Unicredit a gift. If the government thinks of making a blitz with Unicredit on Monte Paschi we we will be heard“. For the leader of the League:” We must go there very cautious because there are 22 thousand jobs at stake, 1,400 branches: it is the oldest bank in the world. No gifts are given“.

I also criticize the 5 star movement, the pentastellated deputies in the budget committee underline: “The sale of the public shares of Monte dei Paschi di Siena should take into account the principle of competition, avoiding that a single systemic bank, such as Unicredit, can take advantage of all the others “.

Among the alternatives proposed by the 5 stars, a “relaunch by the state” or, “more balanced stew, which also involves other institutes “. While for the MEP of Italy Viva Nicola Danti “the hypothesis needs immediate clarifications by the minister Franco“.

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