The European Commission can order Italy to withdraw the conditions it has set to clear UniCredit's bid for Banco BPM , the ...

The European Commission cries foul over Italy’s use of national security rules to effectively block UniCredit’s bid for BPM.

Brussels warns Italy over UniCredit–Banco BPM deal, saying Rome’s golden power decree may breach EU law and overstep ECB oversight.

Italy has been hit by a preliminary EU warning over its restrictions on UniCredit’s planned takeover of Banco BPM.