How state aid survived the Italian banking crisis

There is much to admire in the EU's handling of the Italian banking crisis, but in allowing two lenders to escape BRRD rules, it has raised questions on the consistency of the EU state aid and resolution framework.

Filed under:
European Union, Italy, Banking, Insolvency & Restructuring, Trade & Customs, White & Case, Shareholder, Liquidation, European Commission, ECB, Treaty on the Functioning of the European Union
Authors:
Angelo Messore
Location:
European Union, Italy
Firm:
White & Case