The great bonfire of Mps: the bill rises to almost 30 billion between public and private resources

The precise account of the MPS disaster can only be done at the end, if and when the negotiation between the main shareholder, the Mef, and UniCredit is closed. Only then will the true costs of the bailout be understood. But already today it can be predicted that the cost of the last decade abundant with Montepaschi’s history, you come close to 30 billion euros, between capital increases (burned) and public contributions injected (in emergency) in order not to end up upside down.

Since the purchase of Banca Antonveneta in 2008, the beginning of the troubles

History…