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ROME, Dec. 19 (Xinhua) — Bank of Italy Governor Ignazio Visco on Tuesday told a parliamentary commission of inquiry into the failure of several Italian banks that nobody in the government of ex-premier Matteo Renzi tried to exert undue pressure on him during the banking crisis.
Visco testified that Renzi asked him about Banca Etruria, one of four troubled lenders that were declared insolvent in 2015, restructured and sold off. “I told him I only talk to the finance minister about struggling banks,” Visco told the commission.
Opposition parties including the populist Five Star Movement and the rightwing Brothers of Italy party claim Renzi and then Reforms Minister Maria Elena Boschi exerted undue pr…
Read the full article at: http://news.xinhuanet.com/english/2017-12/20/c_136838349.htm