EFTA Document EFTA01459723

5 February 2016 Focus Europe: Dark clouds, no storm yet Italy Economics Italy's bad bank(s): not enough, but it helps This is a summary of the Special Report on Italian banks - 'State guarantee on NPL securitization: not enough, but it helps' published on 02 February 2016. :tali:: bad bank scheme Last week, after a year-long negotiation, the Italian government reached an agreement with the European Commission on a bad bank scheme that does not infringe state aid rules. According to th