Italy and the EU have finally reached an agreement enabling the Italian State to provide its guarantee on sold non-performing loans in exchange for an insurance fee.

27 Jan 2016
Agreement on State guarantee

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Agreement on State guarantee
Intesa Sanpaolo S.p.A. (ISP:WBO) | 0 0 1.0% | Mkt Cap: 52,671m
- Published:
27 Jan 2016 -
Author:
David Grinsztajn -
Pages:
2 -
Italy and the EU have finally reached an agreement enabling the Italian State to provide its guarantee on sold non-performing loans in exchange for an insurance fee.