Besieged Fazio gets a supporter at last

European Internal Market Commissioner Charlie McCreevy said Friday 16 September that the Bank of Italy's governor, Antonio Fazio, appears to have acted legally in the ongoing saga that has enveloped the central bank.

He warned, however, that a final EU judgment on Fazio's role hasn't been formed. "We haven't reached a final conclusion," McCreevy said.

McCreevy added that while Fazio appeared to have acted legally, he may not have acted within the "spirit" of European free competition.

"One can s

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