|
 "The remaining capital needs of our banking system will be filled
through the mobilization of private resources," Padoan said in a
speech at a conference in Rome.
He made no comment on the status of repayments of existing state aid
offered to Monte dei Paschi in a previous bailout. But the comments
dampen prospects of outright new state aid being offered to the two
banks, which were among the biggest losers in the European Central
Bank's health check of the sector.
Monte dei Paschi was left with a shortfall of 2.1 billion euros,
while Carige had a gap of 814 million euros.
Padoan said the tests had shown the resilience of the banking system
overall. Italy's public finance credibility had been reinforced by
the government's recent budget plans for 2015 which had been well
received on financial markets.
(Reporting by Alessandra Galloni and James Mackenzie)
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