Mps, Franco: “We will not try to close with Unicredit at all costs”

” If we were to think, at the end of this path, that the package is not adequate, we will not try to close at all costs ” the transaction with Unicredit. ” I hope it will close, I strongly wish it. We will work to find a solution, I believe there are margins, but we will not close at any cost ”. This was stated by the Minister of Economy and Finance, Daniele Franco, during the hearing on the recent developments of the affair concerning Banca Monte dei Paschi di Siena, in the Finance Committees of the Chamber and Senate, underlining that “a plan to strengthen capital in the which Monte dei Paschi di Siena would remain an autonomous subject, the so-called stand alone hypothesis, would be exposed to considerable risks and uncertainties and would have serious competitiveness problems “. ‘Reassuring that “it will not be a state-owned sale”, FRanco stresses that “the negotiation starts on a solid basis, we would not have started if we did not think that there is no margin to find a solution of mutual interest’ ‘.’ ‘ We have a solid industrial partner. We will close, we will propose a final package, only if we are convinced as a government that it will be adequate. ” ” We will work to find a solution. I believe there is scope for finding a solution. ” The minister adds that ” it will be a complex confrontation, at the end of which we will see if the solution will be adequate; at that point the problem of times will arise again, if the solution is not adequate, but at the moment there are tracks and them we are following. ” With Unicredit, according to Franco, ” a path has been started. We are moving along the tracks already indicated, to try to solve a problem that has been dragging on for years unfortunately ”, underlines the minister. ” And ‘a complete operation which involves two listed entities, which has many facets ”, recalls Franco. ” It is an operation that has a single counterpart that has come forward ”. At the end of this operation ” we will discuss it and, at that point, we will see what the burdens are, what are the solutions for employment, for the network, for everything. I believe the outcome will be transparent because the discussion is developing transparently. ” In the end there will be “a package that you may like or dislike, that will be approved or not approved, but on the part of me and the government there is no interest in hiding anything”. ” The data that will be published tomorrow -confirms Franco- are positive; if the bank accounts improve significantly this will make it worth more, reduce the burden on the state and this will be a good thing. But let’s take into account that it has been going on for some time ”. ” I hope it will be a solution that can be acceptable for the territory, for the city, for the government and the parliament ”.