Brussels, 13/12/2005 (Agence Europe) - It came as no surprise that, at the meeting on 13 December in Strasbourg, the Commission decided to send Italy a formal letter of notice - the first stage in infringement procedure - on the matter of acquisitions of stakes by other EU banks in Italian domestic banks. The terms of the letter which question the Italian legislation in general mainly insist on the lack of transparency of control authorities when exercising their supervisory authority, thus...