1. MPS, public funds cannot be used to cover losses coming from NPLs
    Markets

    MPS, public funds cannot be used to cover losses coming from NPLs

    by Marco Ferrando

    Il Sole24 Ore-ItalyEurope24 has learned of Brussels reminder that public resources are not to be employed on losses already reported or expected. So the Siena lender can’t use the €6.6 billion coming from the state to cover the NPLs, now at €28 billion

  2. Wine 24

    Il Moralizzatore: the laid-back Cab

    The name, Cabaret Sauvignon, may have some Cab Sauv aficionados turning up their noses. But it turns out to be spot on, since this wine produced by Il Moralizzatore in the Veneto hills breaks the stereotype, writes Claudio Celio