RADARPOLITICO ANALYSIS
What is happening
The government requested a €5 billion contribution from banks. ABI President Antonio Patuelli opposed the request, saying that banks would be subjected to more taxes and were being heavily penalized. Preliminary estimates indicate that Intesa Sanpaolo and UniCredit would pay the most. DBRS confirmed Italy’s A rating.
Why it is on the Radar
The request would impose a €5 billion contribution on the banking sector. The preliminary estimates identify Intesa Sanpaolo and UniCredit as the institutions expected to contribute the most.