May 18 (Reuters) - EU Competition Commissioner Margrethe Vestager tells La Stampa daily in an interview:
* Rescue talks over Italy’s Popolare di Vicenza, Veneto Banca are not very advanced but we have agreed a plan of action with all parties involved
* We are moving ahead as everyone has a constructive approach but it’s not easy
* Making progress on Monte dei Paschi’s restructuring plan, there is a “good discussion” ongoing over how to ensure bank is profitable and we are working “very well” with Italian authorities.
* Cutting staff to reduce costs is inevitable, it is always “very, very painful” for people and communities involved Further company coverage: (Reporting by Milan Newsroom)