Tuesday

19th Mar 2024

Ticker

Italy to hold 70% of Monte dei Paschi bank

The Italian state will hold "around 70 percent" of the capital of Monte de Paschi bank after an €8.8 billion recapitalisation, the bank's chief Alessandro Falciai told MPs on Wednesday. The bank, Italy's third largest, has been on the verge of collapse because of massive debts, triggering fears of a new eurozone crisis. The European Commission approved a public intervention to save it in December.

Read and decide

Join EUobserver today

Get the EU news that really matters

Instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

Borrell: 'Israel provoking famine', urges more aid access

70 percent of northern Gaza is facing famine, new data shows. There is one shower per 5,500 people, and 888 people per toilet. 'How can you live in these conditions?" asked Natalie Boucly of UNRWA at the European Humanitarian Forum.

Opinion

Potential legal avenues to prosecute Navalny's killers

The UN could launch an independent international investigation into Navalny's killing, akin to investigation I conducted on Jamal Khashoggi's assassination, or on Navalny's Novichok poisoning, in my role as special rapporteur on extrajudicial executions, writes the secretary-general of Amnesty International.

Join EUobserver

EU news that matters

Join us