The European Commission cited free movement of capital in the single market and European Central Bank powers as it opened an infringement procedure against Italy for its use of golden powers over banking mergers, notably to stop UniCredit taking over Banco BPM.     "Despite being aimed at protecting national security and public order," the golden power legislation, "as applied by the Italian authorities, risks allowing unjustified interventions for economic reasons, undermining the principles

Tag-uri: UniCredit Bank Italia