Brussels, 29/12/2000 (Agence Europe) - The Banking Federation of the European Union (which represents the banking associations of EU Member States, Switzerland, Norway and Iceland) lodged on 26 December with the European Commission a complaint against interpretation of the Italian usury law -in force since 1997-, saying it agrees in full with the arguments set out by the associations of Italian banks and foreign banks in Italy, the ABI and AIBE.
In a press release, the FBE states that the...