beyond the smiles and kisses on the cheeks exchanged at every meeting between Angela Merkel and Matteo Renzi today there was an exchange of stockpiled between the German chancellor and the head of the Italian government in terms of flexibility, with particular reference to the banks. “I believe – said Merkel – that some flexibility has been granted to certain countries to promote growth. Looking especially to Italy, I can say that we have adopted different solutions, but we can not renegotiate every two years, the banking sector rules. We can not now change the rules every two years on the banks. At EU level we have just worked to have rules on recapitalization. ” The current framework banking Union, Merkel stressed, “offers the opportunity to address the requirements of each member state.”
“No one wants to change the European rules on banks replied” Matteo Renzi. “We have lost the opportunity with governments Berlusconi, Monti and Letta – said with the usual method of the buck – to intervene in a structural way, as did Germany around 2010-2011,” and is “no use crying over spilled milk why can not we do that now that the rules are different. ” Renzi said that “in this situation, if there were problems, we would be in a position to protect the money of depositors and citizens”. “Italy – said – do not ask do not respect the rules. The last one that has not respected in Europe was Germany in 2003, and Berlusconi’s Italy allowed him. “
” We have put the system (bank, ed) in security, we did cleaning, we made the operation banks, which is to avoid the scandals, I hope that the actions of responsibility you do “: this was said Prime Minister Matteo Renzi.
” Italy – said Renzi with prudent reverse – has the ambition to lead the path to change EU coming here to bring ideas and proposals, not asking for exceptions, because there are spaces in the rules to do all that is needed in our country. “
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