Brussels – “Ridiculous”\u00a0is how the\u00a0members of the 5 Star Movement in the European Parliament described the response given yesterday by a\u00a0European Commission spokesperson regarding\u00a0Monte dei Paschi’s intention to\u00a0make a deal\u00a0with Mediobanca. “The European Commission said\u00a0nonsense on the MPS-Mediobanca case. Claiming, as one of its spokespersons said\u00a0yesterday, that the public stake in\u00a0MPS\u00a0is minimal is ridiculous, given that the Meloni government effectively\u00a0appoints the bank’s top management,” Gaetano Pedull\u00e0, a 5 Star Movement MEP, commented in a note.<\/p>\n
MPS did not disclose its bid on Mediobanca to the European Commission. A spokesperson explained that after the State sold almost all of its stake in the Siena-based bank, “MPS is no longer bound to its commitment under the State Aid Decision to refrain from acquisitions,” the spokesperson specified, “which allows it to take whatever business actions it deems appropriate to pursue its business interests.<\/p>\n
“We must not forget that since 2017, MPS has received public money for a total of \u20ac7 billion, and it has launched wasteful staff exodus plans, the latest of which for 4,125 employees, again with the economic assistance of the State,” Pedull\u00e0 stressed in his statement.<\/span>\u00a0According to the MEP, “there are at least two articles of the Treaty on the Functioning of the European Union that are being disregarded: the one on the Community framework for state aid, Art. 107 TFEU, and the one on maintaining financial stability, ex. Art. 127(1) TFEU, considering that the current capitalization of MPS is 8.10 billion while that of Mediobanca is 13.75 billion.”<\/p>\n “The European Commission cannot support\u00a0this type of financial cronyism just to appease\u00a0the powerful and their financial interests, which are light years away from the needs of citizens. For this reason,\u00a0we have submitted a priority question to the European Commission, which is the guardian of the Treaties and must always enforce them,”\u00a0Pedull\u00e0 concluded.<\/p>\n","protected":false},"excerpt":{"rendered":" “Meloni government effectively appoints the bank’s top management.” A parliamentary question has been submitted on the Siena bank’s offer on Mediobanca<\/p>\n","protected":false},"author":1,"featured_media":238996,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":""},"jnews_primary_category":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25774,25705],"tags":[30278,30279],"class_list":["post-417290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-briefs","category-business","tag-mps-en","tag-onpedulla"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/417290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=417290"}],"version-history":[{"count":4,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/417290\/revisions"}],"predecessor-version":[{"id":417309,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/417290\/revisions\/417309"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/238996"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=417290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=417290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=417290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}