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FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,

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Home›World›Briefs | Italy to nationalize bank

Briefs | Italy to nationalize bank

By -
Thursday, July 6, 2017
119
0

In a bid to end years of struggles, the Italian government is taking control of bank Monte dei Paschi under a relaunch plan agreed by European officials that includes the disposal of a massive USD32.5 billion in bad loans. In detailing the plan yesterday, CEO Marco Morelli said that ridding the bank of the load of soured loans was “the most relevant issue” in the European Commission’s approval this week of the rescue plan.

Croatia defiant on border arbitration

Croatia yesterday rejected a European Commission call for the implementation of an international arbitration ruling in a longstanding border dispute with Slovenia that has caused tensions between the EU neighbors. Prime Minister Andrej Plenkovic said the commission has no jurisdiction in border matters and insisted that territorial issues should be resolved between the two states.

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DAILY EDITION

Monday, November 9, 2026 – edition no. 5070
Monday, November 9, 2026 – edition no. 5070

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MDT MACAU GRAND PRIX SPECIAL

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Timeline

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    Population growth masks continued decline in births

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