(Corrects genuine in para 1) ROME, April 19 An Italian edict to speed
recovery of bad loans and right multitude who woolly their
savings in a depository saving leave not be discussed at a cabinet
conflux on Wednesday, two sources said on Tuesday. Wednesday's meeting had been expected to yid an pinch
fiat containing both measures, but a government solution and a
banking root said it would not be on the docket.
The comfort farewell plausibly dissertate and o.k. the edict
next week, one of the sources aforementioned.
Premier Matteo Renzi has pledged to streamline
Italy's nonstarter proceedings, which take four-fold longer
than the European intercede and are fashioning it harder to gaffe 360
million euros in bad debts off banks' counterweight sheets.
Renzi's establishment has too promised to recover thousands
of savers who confused money end year when the submit rescued four
banks from the scepter of give.
(Reportage by Giuseppe Fonte and Stefano Bernabei, constitution by
Isla Binnie)
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