EU Competition Commissioner backs Italy action

The EU competition commissioner said Friday 25 November that she would support plans to take legal action against the Bank of Italy.

Neelie Kroes said she would vote in favor of opening a formal procedure if the proposal was brought to the commission.

Earlier this week we reported that European Internal Market Commissioner Charlie McCreevy favoured action against Italy, criticising Bank of Italy governor Antonio Fazio for going against the spirit of EU competition laws.

"I am backing Charlie McC

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: