Italian Banks

A bailout of an Italian bank by a private consortium of banks cannot be considered state aid, the General Court of the European Union ruled Tuesday, annulling the European Commission’s finding.

LUXEMBOURG – A bailout of an Italian bank by a private consortium of banks cannot be considered state aid, the General Court of the European Union ruled Tuesday, annulling the European Commission’s finding.

The court’s ruling was not made available in English.

Categories / Courts, Financial, Government, International

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Italian Banks

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