The Italian state will pay 5.2 billion euros (US$5.8 billion) to wind down two ailing Veneto-based banks and transfer their good assets to Intesa Sanpaolo , but the final cost for the state could rise to up to 17 billion euros.
Italy began winding up two failed regional banks on Sunday in a deal that could cost the state up to 17 billion euros ($19 billion) and will leave the lenders' good assets in the hands of the nation's biggest retail bank, Intesa Sanpaolo.
The International Cable Protection Committee (ICPC) has issued its much-awaited Recommendation No. 17 titled: Submarine Cable Operations in Deep Seabed Mining Concessions Designated by the International Seabed ...
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