Italy has "room to manoeuvre" around BRRD as pressure mounts to clean up NPLs
Piazza Salambeni in Siena, home of Banca Monti dei Paschi di Siena (Credit: iStock.com/andrearoad)
Italy's government has reportedly been exploring options to circumvent EU law and use state funds to revitalise its banking sector, following the recent bailout of two banks by the state-backed Atlante rescue fund - but lawyers say the country is manoeuvring within its legal limits.
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