Italy solid, banks tackled after referendum -Renzi (2)

Premier hopes Italy's future 'simpler' on Monday

Italy solid, banks tackled after referendum -Renzi (2)

Rome, November 30 - Premier Matteo Renzi said Wednesday that the problems facing Italy's bank sector will be tackled after Sunday's Constitutional reform referendum, while stressing that the country could ride out an eventual storm. "The bank question will be addressed after the referendum, which is obvious," Renzi told Repubblica TV. "Italy is a solid country. We will address what needs to be addressed... On Monday the country will have a future ahead of it, no matter what. I hope it has a simpler one (in store)". Renzi's government may collapse if voters reject his flagship Constitutional reform, which overhauls Italy's political machinery in a bid to make it simpler, faster and less expensive. There are fears significant political instability could ensue if the No vote wins and the Financial Times this week warned eight Italian banks could fail.

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