The main building at the Terme di Tosteto (Tosteto hot springs) is seen in Pitigliano, central Italy, April 27, 2016. REUTERS/Max Rossi
ROME (Reuters) - An unfinished hotel and empty swimming pool sit sadly on the lush hillside of Pitigliano in Tuscany, where they should have welcomed the holidaymakers who flock to central Italy.
But the Tosteto spa sits even more heavily on the balance sheet of Banca Monte dei Paschi di Siena, which lent 11 million euros (£8.55 million) to the developer before declaring him in default eight years ago, and is still trying to recoup some of this cash.
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