Italian Prime Minister Mario Draghi is facing heat — even from within the ranks of his own governing coalition — over the sale of Monte dei Paschi di Siena, the world’s oldest surviving bank.
- Giorgio Leali
- Politico
The 550-year-old Tuscan lender is currently under government control after a state rescue in 2017, and political controversy has erupted over the terms of its sale back to the private sector.
Critics fear Draghi will cut a deal that is great for banking giant Unicredit, which is set to buy Monte dei Paschi, but not so great for Italian taxpayers, who…