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EU Commission will do everything to prevent bank run - EU's Juncker

Reuters
EU Commission President Jean-Claude Juncker addresses a press conference after the EU Summit in Brussels, Belgium, June 28, 2016. REUTERS/Eric Vidal

BRUSSELS (Reuters) - The banking sector in Italy and elsewhere in Europe will be protected and the European Commission will do everything to prevent a bank run, EU Commission President Jean-Claude Juncker said after a meeting of European leaders in Brussels.

Rome is concerned that Italian banks, which are saddled with 360 billion euros (300.05 billion pounds) of bad loans, a third of the euro zone's total, risk attacks by hedge funds betting that Brexit turmoil could tip them into full-blown crisis.

(Reporting by Robert-Jan Bartunek; Editing by Alastair Macdonald)