Italian Prime Minister Giorgia Meloni declared in an interview with Bloomberg agency that the Italian government's role in the Monte dei Paschi di Siena bank has been definitively concluded. The head of government emphasized that the institution is now a solid entity, and the state does not intend to influence its management. This declaration, made during the stock exchange session, provoked strong reactions from the opposition and temporary drops in the bank's share prices on the Milan stock exchange.
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Italian Prime Minister Giorgia Meloni announced during a conversation with Bloomberg agency a breakthrough stage in the history of the world's oldest bank. According to the head of government, the process of the state exiting the shareholding of Monte dei Paschi di Siena (MPS) has come to an end, making the bank a fully market-based and stable institution. Meloni firmly noted that the cabinet will not interfere in the selection of future management or the bank's operational strategy. This statement marks the culmination of a multi-year restructuring process of the institution, which required massive public support after the financial crisis. The timing of the statement became a source of political conflict in Rome. Opposition representatives described the Prime Minister's words as "irresponsible," pointing out that disclosing such crucial strategic information during stock exchange trading hours jeopardized the stability of the share price. Indeed, shortly after the interview was published, the bank's securities recorded a decline. Meloni also used the interview to criticize Donald Trump's customs policy, calling the new US trade barriers a mistake and proposing the creation of a transatlantic free trade zone between the United States and the European Union. Banca Monte dei Paschi di Siena, founded in 1472, is considered the oldest operating bank in the world. In 2017, after a serious liquidity crisis, the Italian Treasury acquired a majority stake (approx. 68%) in it as part of a precautionary recapitalization procedure. In a broader economic context, the Roman statements coincided with reassuring forecasts from the European Central Bank. Christine Lagarde, President of the ECB, confirmed that inflation in the eurozone should stabilize at 2% in the medium term, although food prices may show some resistance to declines until the end of this year. Italian ministers, including the head of the enterprise ministry Adolfo Urso, simultaneously emphasize the necessity of tough negotiations with Washington on tariffs to protect the interests of European exporters in the new geopolitical reality. <cytat autor=