Monte dei Paschi di Siena: Local groups challenge government neutrality

Political and civic groups in Siena are intensifying pressure on the Italian government and local authorities regarding the future of Monte dei Paschi di Siena (MPS). Local organizations, including Siena Sostenibile and a coalition of political forces known as 'Campo Largo,' are challenging the Meloni government's declared neutrality in the face of an takeover bid by Intesa Sanpaolo.

Critics argue that the government's silence is ambiguous, especially as major shareholders like Delfin and the Caltagirone Group have signaled support for Intesa's offer. There is also significant controversy surrounding the position of the President of the Fondazione MPS, Riccardo Coppini, who has expressed support for the Intesa proposal. Local groups view this as a political move rather than a purely technical decision.

The coalition of political parties—including the Democratic Party, Five Star Movement, and others—is demanding concrete guarantees to protect the territory. Their primary concerns include the preservation of jobs, the maintenance of the MPS brand, and the retention of strategic operational and commercial functions within Siena to ensure the city remains a banking hub.