Don't meddle with central bank's role, Italy president warns parties

[March 29, 2019]  ROME (Reuters) - President Sergio Mattarella on Friday warned Italy's ruling coalition not to interfere with the independent role of the Italian and European Central Banks.

President of Italy Sergio Mattarella arrives to the Arraiolos Group meeting at Rundale Palace, Latvia, September 13, 2018. REUTERS/Ints Kalnins

The ruling League and 5-Star Movement plan to set up a parliamentary commission to look into possible failings of oversight by the Bank of Italy which they say led to the collapse of numerous Italian banks.

Mattarella issued a statement warning that the commission must not "overlap", or attempt to reduce the independence of the Bank of Italy, the ECB or other market supervisory agencies.

(Reporting By Gavin Jones; editing by Giselda Vagnoni)

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