EU's Vestager to meet Italian finmin on Jan. 26 on bad bank loans

January 22, 2016 11:47 AM

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BRUSSELS Jan 22 EU Competition Commissioner Margrethe Vestager will meet the Italian finance minister on Jan.26 in Brussels, a spokesman for the EU executive said on Friday, as talks for a solution to Italian banks' bad loans reach a critical point.

"Commissioner Vestager will meet Minister of Finance Pier Carlo Padoan next Tuesday," the spokesman told a news conference, replying to a question on whether a deal is possible in the coming days after Italy proposed a new plan last week.

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