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Europe Daily Bulletin No. 11586

5 July 2016
ECONOMY - FINANCE / (ae) state aid
Commission and Rome discuss terms for intervention in Italian banking sector

Brussels, 04/07/2016 (Agence Europe) - The European Commission is in constant talks with Rome over solutions for the Italian banking sector, which has been hit hard by a high stock of non-performing loans.

We are discussing measures with the Italian authorities which “can be put in place in full compliance with the EU rules addressing liquidity and capital shortages in banks without adverse effects on retail investors”, a spokesperson to the European institution, Ricardo Cardoso,...

Contents

ECONOMY - FINANCE
EXTERNAL ACTION
SECTORAL POLICIES
INSTITUTIONAL
NEWS BRIEFS
CORRIGENDUM
WEEKLY SUPPLEMENT