US EditionItaly minister plans to quit if changes made to UniCredit-BPM deal
5 Articles
5 Articles
Golden Power: The Ministry of Economy and Finance (MEF) Sends Letter to UniCredit with Requested Clarifications on BPM The Ministry of Economy and Finance (MEF) has sent an official communication to UniCredit. The topic is central: it concerns the Golden Power mechanism, applied to the public purchase operation (OPS) on Banca Popolare di Milano (BPM). The document, sent on May 29, represents the conclusion of the first phase of monitoring. In pa…
All the political squabbles on Unicredit
Here are the latest political-journalistic tensions that are rippling through the Unicredit-Banco Bpm dossier In the last 24 hours, the Golden Power dossier imposed by the government for Unicredit's takeover bid on Banco Bpm has been at the center of several squabbles and poisonous messages in the political world. Especially within the majority, but also with some attacks from the opposition. THE EXPLANATION AND THE 'THREATS' OF GIORGETTI'S RESI…
Golden Power or resignation. Giancarlo Giorgetti warns Unicredit, which aims to soften the onerous conditions placed by the government about the Ops on Banco Bpm. The Minister of Economy yesterday clarified that, on the operation between the two banks, "from the first day there is coordination between Palazzo Chigi and the Mef." Also because, he continued, "if there were a minimum of misalignment you would find my resignation." Giorgetti called …
Turmoil in Italy: Finance Minister Threatens Resignation Amid UniCredit Dispute
Italy"s Financial Landscape Faces Uncertainty Amid Political Strife In a significant turn of events amidst Italy"s political turmoil, Finance Minister Giancarlo giorgetti has suggested he might step down as tensions escalate within the ruling coalition regarding the management of UniCredit, the nation"s largest banking institution. This revealation comes at a time when divisions within the government are intenseifying, raising alarms about gover…
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