MILAN Oct 5 Italy's recent reform on insolvency
should be extended to cover existing non-performing loans and
not just new ones, the International Monetary Fund said in its
Global Financial Stability Report published on Wednesday.
In comments relating to the restructuring plan of Monte dei
Paschi di Siena, the IMF said that tackling the lack
of capital for weaker banks was important for guaranteeing the
stability of the system as a whole and supporting the economy.
(Reporting by Alessia Pe; writing by Francesca Landini)