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Europe Daily Bulletin No. 9029

17 September 2005
Contents Publication in full By article 17 / 51
GENERAL NEWS / (eu) eu/banking
Commissioner McCreevy says Governor Fazio acted legally but not within the spirit of the law

Brussels, 16/09/2005 (Agence Europe) - Visiting Rome on Friday, European Internal Market Commissioner Charlie McCreevy said that the governor of the Bank of Italy, Antonio Fazio, had not respected the spirit of the law, but things had been done legally, reports AFP. Under fire for the way he handled the planned takeover of Italian bank Antonveneta by Dutch bank ABN-Amro and his alleged bias for an Italian bank, Banca popolare italiana (BPI), Fazio (appointed governor for life) refused to...

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