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

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

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 individual account

.