Italy's Padoan: 'Messy' Brexit to Hurt European Growth

The transcript discusses the ongoing banking crisis, highlighting efforts like UniCredit's recapitalization and government interventions to stabilize small banks. It addresses inflation concerns in Europe, noting the divergence between German and Italian inflation rates and the potential impact on competitiveness. The rise of populism and the implications of Brexit on European growth are also explored, emphasizing the need for clear UK-EU trade agreements.

In what ways has the public guarantee system been utilized in the banking sector?

What are the potential consequences of messy Brexit negotiations on Italian growth?