bilateral talks, Padoan assured his U.S. counterpart the stock of non-performing loans (NPLs) burdening Italy's banking system would return to more "physiological levels" in short time, Ansa news agency quoted sources from the Italian G7 presidency as saying.
Italy's bad loans
Cheap Nike Air Vapormax Moc , a pressing issue encompassing the country's stability within the euro-zone, amounted to about 170 billion euros (184.7 billion U.S. dollars) net, senior deputy governor of Bank of Italy Salvatore Rossi said in April.
The G7 meeting would run from May 11 to May 13 amid tight security measures. Some 1,500 police officers and 600 surveillance cameras were deployed within and around Bari, according to authorities.