27/05/2019 (Agence Europe) – On Monday 27 May, the European Commission approved the extension of an Italian measure to support the banking sector in the form of guarantee scheme for non-performing loans. This allows certain Italian banks to solicit and obtain public guarantees on the lower-risk senior notes issued by private securitisation vehicles. On the other hand, the riskiest brackets are not covered by a state guarantee. Initially approved in February 2016 (see EUROPE B11487A21)...