Italy May Accelerate the Sale of Its Stake in Monte Paschi

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Italy may accelerate the planned sale of a stake in Banca Monte dei Paschi di Siena SpA to boost public finances as growth slows, according to Foreign Minister Antonio Tajani.

“Italy might decide on Monte Paschi in the short term,” Tajani, who is also the deputy prime minister, told Francine Lacqua in an interview with Bloomberg Television at the Ambrosetti forum in Cernobbio, Italy. His Forza Italia party, a junior ally in the government coalition, backs a privatization push, he said.

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