EU working with Italy to solve bad loan problem-EU official

April 13, 2015 12:35 PM

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ROME, April 13 (Reuters) - The European Commission is working closely with Italy to help it deal with the mass of bad loans piled up in its banks, commission vice president Valdis Dombrovskis told Reuters on Monday.

"We are aware of the problem and we are working closely with Italian authorities to find a solution," Dombrovskis, who oversees the euro in the commission, said in an interview.

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