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Europe Daily Bulletin No. 12752

1 July 2021
Contents Publication in full By article 22 / 28
COURT OF JUSTICE OF THE EU / Banks
Banca delle Marche’s resolution was in essence determined by its failure, according to EU General Court
Brussels, 30/06/2021 (Agence Europe)

The resolution of Banca delle Marche by the Italian authorities at the end of 2015 was essentially determined by its failure and the European Commission cannot be held responsible for having prevented its rescue by the Interbank Deposit Protection Fund (IDPF), the General Court of the European Union ruled in a judgment delivered on Wednesday 30 June (case T-635/19).

Several shareholder entities of Banca delle Marche believe that the behaviour of the European Commission prior to the...

Contents

SECTORAL POLICIES
INSTITUTIONAL
EU RESPONSE TO COVID-19
EXTERNAL ACTION
SECURITY - DEFENCE
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
COURT OF JUSTICE OF THE EU
ECONOMY - FINANCE - BUSINESS
NEWS BRIEFS