“The new attack by the ECB's supervisory authority on the Italian banking system and MPS once again shows that the banking union not only does not make our financial system more stable, but also causes instability,” Salvini said.

The far-right leader blamed the ECB for the exceptional decisions taken by the European Commission, adding that he raised a “fundamental question” about the bank’s perceived impartiality.

“Independence does not mean irresponsibility,” Salvini said, demanding greater transparency in decision making.