Italian government faces a high-stakes bank merger clash with Brussels
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Euronews.com
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The Eurogroup will discuss the Italian government's use of 'golden powers' to block UniCredit's acquisition of a competitor, focusing on national security concerns. Minister Giancarlo Giorgetti will defend Italy's position, aiming to avoid infringement proceedings. UniCredit has appealed against restrictions imposed by the government, which the European Commission claims breach EU regulations. Italy asserts its right to protect national interests, but the Commission remains cautious about government intervention in banking. Teljes cikk (Euronews.com)