Italian Prime Minister Matteo Renzi has safeguarded his administration's salvage of four Italian banks - yet voiced misery over an elderly financial specialist's suicide.
A beneficiary in Civitavecchia, http://discuss.fido.gov/viewprofile.aspx?UserID=24494close Rome, hanged himself after his €100,000 (£72,000; $110,000) interest in Banca Etruria was wiped out.
Mr Renzi said the €4bn safeguard a month ago must be done, generally a large number of occupations would have been lost.
Around 130,000 bank shareholders and bondholders lost their ventures.
The retired person left a suicide note reprimanding his bank.
Other than Banca Etruria, the other influenced banks were: Cassa di Risparmio di Ferrara, Banca delle Marche and CariChieti.
The salvage was financed by three major banks - Unicredit, Intesa SanPaolo and Ubi Banca.
"The Italian government mediated when it saw that four banks gambled shutting and losing a large number of occupations and stores," Mr Renzi said.
The middle left executive included that the administration "is attempting to discover arrangements" to help the financial specialists who had lost cash in the salvage.
Be that as it may, the extension for such arrangements is restricted due to European Commission rules against state help.
He said the administration "communicates its own agony and sympathies to the family" of the retired person.
'State suicide'
The salvage was a "safeguard in" - meaning bondholders endured misfortunes - not at all like the colossally disagreeable bank bailouts amid the 2008 budgetary emergency, which cost conventional EU citizens several billions of euros.
Mr Renzi's salvage activity attracted wild feedback Italy.
The pioneer of the far-right restriction Northern League, Matteo Salvini, called the retired person's demise "state suicide", in a tweet.
"A retired person murders himself on the grounds that he lost his life reserve funds because of Banca Etruria and the truant government. State suicide," his tweet said.
Journalists say Mr Renzi acted rapidly in light of the fact that in January, the EU is fixing the standards on bank salvages - they will drive misfortunes on investors holding more than €100,000, and also bank shareholders and bondholders.
National bank chief Carmelo Barbagallo, http://www.hellocoton.fr/mapage/z4rootcited by Reuters news office, said letting the four banks come up short under those new EU rules one year from now would have signified "giving up the cash of one million savers and the occupations of about 6,000 individuals".
Mr Renzi said he upheld a parliament choice to research "what has happened in the Italian and European keeping money frameworks in the most recent couple of years". He required "each exertion" to "clear up the obligations of the
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