Tremonti: on the banking risk it is time to reflect on the national interest

"Franza o alemagna purché se magna, this is the phrase attributed to Guicciardini after the Treaty of Toledo at the beginning of the 16th century". This was stated by Giulio Tremonti. 'Coming,' he adds, 'to the banking risiko of these hours, the impression is that the risiko becomes a risk and that the risk is for Italia as a whole no longer 'purché se magna' but 'non se magna e basta'. The risk is that of losing everything, to the advantage of both Franza and Alemagna. For a country that still has an enormous mass of savings and in the not remote prospect of a financial crisis in the near future, perhaps it is time to reflect on the national interest'.