(Repeats Oct 3 story with no change to text)
MILAN Oct 3 Italy's Economy Minister Pier Carlo
Padoan said on Monday he did not see the need for state
intervention in Italian banks.
Troubled Italian lender Banca Monte dei Paschi di Siena
has agreed a new restructuring plan based on a 5
billion-euro ($5.61 billion) capital boost and the sale of 28
billion euros worth of bad loans.
But there is growing concern it may have to turn to the
government for support.
Speaking in a public interview, Padoan said he did not see
any alternative rescue plans for Monte dei Paschi.
"At this moment the bank is preparing an overall plan that I
think is a good one," he said.
The minister also said that if a lender like Deutsche Bank
had problems, the impact would be felt on European
and global systems.
($1 = 0.8918 euros)
(Reporting by Elvira Pollina, writing by Stephen Jewkes;
editing by Agnieszka Flak)