Italian FinMin Padoan: Good news that Macron moved to 2nd round

Italian finance minister Padoan is on the wires now, speaking in an interview with CNBC.

Key Headlines:

Italian recession left banks' balance sheets damaged

Bank issues being taken care of appropriately

Takes much too long to start a business in Italy

Italy is taking care of European borders

He is confident that Italian reform programme will help calm anti-EU sentiment in country

EU should be more pro-active on migrants

Need to look strongly at populism

French election result good news for Europe and the world

Good news that Macron moved to 2nd round but first round success also a challenge