Established law ‘: Boccia, Padoan in passing sentence on humanitarian aid – BBC

11:45 ROME (Dow Jones) – ” I think the minister Padoan the phrase humanitarian aid is passing. In all of this humanitarian there ‘nothing. I would have called intervention of solidarity’, so ‘as we call the bottom. ” This was stated by deputy of the Democratic Party and chairman of the House Budget Committee, where and ‘questioning of established law’, Francesco Boccia, to Radio24 about the decree saving banks, defined by the Minister of Economy a “humanitarian measure aimed at protecting the weaker of savers. ” “If there ‘something that I detest – continues Petanque – are shortcuts to the problems and hypocrisy. What is most’ appropriate to do in this case and ‘tell it like it is. If you do not and’ been rigorous need put his face and explain to investors that the rules have not worked and who had control did not check. I think it’s important to take action, not so much to protect savers more ‘weak, but the market principles that have been betrayed by the people Market had to make it work, the Bank of Italy. ” Boccia rule but ‘that investors will recover all the capital invested’ and ‘clear that there will be’ can redeem all, but not ‘even possible to leave people on the streets. You have to build the mechanisms to understand that those who have signed bonds at market slightly more ‘high, putting all his savings, he must have something back. ” liv (end) AFX NEWS 0911: 45 December 2015