"Italy will help its own banks in a new crisis" | Now

The Italian Finance Minister said this weekend that the Italian government would help banks in case of a new banking crisis.

This decision is remarkable because European member states can no longer just save a bank, but a minister Giovanni Tria said that he had not said anything strange about it. "Every government should do it."

He also stressed that, according to him, the Italian banking sector is still solid. Currently "there is no danger", according to the minister. He did not mean how he envisioned any government support for the banks.

Italians recently clashed in Brussels over how they deal with financial problems.

to review the budget plans, because the Italian government wants to spend more than the European agreements allow. But Italy in no way seems to comply with it.