The European Central Bank (ECB) needs to be more clear about its calculation that ailing bank Monte dei Paschi di Siena needs more than €8 billion pumped into it, Italy's economy minister Pier Carlo Padoan says.
Padoan's comments on Thursday (29 December) at a forum organised by Financial daily Sole-24 Ore followed revelations earlier this week that the country's third-largest bank had a far higher capital shortfall than previously thought.
The ECB, which is also the eurozone's ba...
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