MILAN Feb 22 Italy expects to reach an
agreement with European authorities over a state bailout of
Monte dei Paschi di Siena in a few weeks, top Treasury
official Fabrizio Pagani said on Wednesday.
"Talks have just began. They are not more difficult than
anticipated and will require a few weeks," Pagani said on the
sidelines of a conference in Milan.
Denying press reports at the weekend, Pagani said that the
European Commission had not asked for changes to the government
decree which detailed the bailout.
Monte dei Paschi asked for state support last year after
failing to raise 5 billion euros on the market to shore up its
Several Italian newspapers reported at the weekend that an
accord over Monte dei Paschi's bailout plan could take months
and that Brussels wanted Italy to amend the conditions of the
(Reporting by Giulio Piovaccari; writing by Francesca Landini,
editing by Valentina Za)