Bbg reporting a headline from Repubblica
- PM Renzi is considering a plan in which the govt might sell state-guaranteed asset-backed securities from Italian banks to the ECB
- one option could see “bad bank” set up by govt to take over bad loans
- the proposal has been reveiwed by state lender CDP chairman Bassanini and has been sent to the ECB and Bank of Italy
![Italian PM Renzi looking to offload some bad bank debt](http://az705044.vo.msecnd.net/20150112/Matteo-Renzi.png)
Italian PM Renzi looking to offload some bad bank debt