Italian FinMin Padoan: Good news that Macron moved to 2nd round
|Italian finance minister Padoan is on the wires now, speaking in an interview with CNBC.
Key Headlines:
Italian recession left banks' balance sheets damaged
Bank issues being taken care of appropriately
Takes much too long to start a business in Italy
Italy is taking care of European borders
He is confident that Italian reform programme will help calm anti-EU sentiment in country
EU should be more pro-active on migrants
Need to look strongly at populism
French election result good news for Europe and the world
Good news that Macron moved to 2nd round but first round success also a challenge
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