Important for Italy's banking sector to consolidate-EconMin
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ROME, Feb 19 (Reuters) - Consolidation in the Italian banking sector is key, the Italian Economy Minister Roberto Gualtieri said on Wednesday commenting Intesa Sanpaolo's bid for UBI Banca.
"It is important to see there is a strengthening of the Italian banking sector," Gualtieri said in interview with Radio Capital.
Talking about Monte dei Paschi di Siena, the minister said that for the state-owned Tuscan lender "a market solution will be reached within the foreseen time frame".
(Reporting by Giuseppe Fonte, writing by Giselda Vagnoni)
