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Italian Prime Minister Giorgia Meloni said her government is committed to exiting its investment in Banca Monte dei Paschi di Siena SpA as she looks to end a saga involving the world’s oldest bank that’s dogged her predecessors and cost taxpayers billions in bailout funds.
“We need to work to bring Monte back to the private market,” Meloni said in an interview with Milano Finanza newspaper published on Saturday. “We want to manage the state’s exit from MPS’s capital in an orderly manner.”
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