Brussels, 23/11/2015 (Agence Europe) - According to a press release dated Sunday 22 November, the European Commission has approved separate resolution plans for four small Italian banks: Banca delle Marche, Banca Popolare dell'Etruria e del Lazio, Cassa di Risparmio di Ferrara and Cassa di Risparmio della Provincia di Chieti.
The intervention of the Italian resolution fund will, it explains, allow the proper resolution of the banks whilst preserving financial stability.
Margrethe Vestager,...