Brussels is set to issue a formal warning to Rome over concerns that Italy's far-reaching "golden power" rules may breach European Union law, the Financial Times said on Friday, citing two European officials.
The newspaper reported that Brussels was poised to issue a "letter of notice" to Italy, which marks the formal start of an infringement procedure under which Rome will be accused of potentially breaching EU law.
Reuters could not immediately confirm the report. The European Union did not immediately respond to a request for comment on the FT report.
Rome's so-called golden powers are aimed at safeguarding the national interest in strategic sectors such as defence and telecommunications. Italy is one of a number of EU countries which have also applied that legislation to the banking sector.
Reuters reported last month that Italian Economy Minister Giancarlo Giorgetti planned to seek clarification from the EU's financial services chief Maria Luis Albuquerque over disciplinary measures the European Commission is preparing to launch against the Italian legislation.
Reuters also reported in October that the Commission will act against Italy's golden power legislation as part of a push against EU countries hampering bank consolidation in Europe.
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Millions of people across 13 countries are expected to face worsening food insecurity between June and November 2026, according to a new report from the Food and Agriculture Organization (FAO) and the World Food Programme (WFP).
Ukraine is seeking an additional $20 billion in military funding from its allies, Defence Minister Mykhailo Fedorov said on Wednesday, as Kyiv looks to strengthen its battlefield position and increase pressure on Russia ahead of potential negotiations.
U.S. President Donald Trump said on Wednesday that he had a "very good" conversation with Indian Prime Minister Narendra Modi during the G7 summit in France, adding that Washington and New Delhi were working on trade agreements despite recent strains in bilateral ties.
Polish police have launched an investigation after videos circulating online showed men in military-style uniforms patrolling Warsaw Central railway station and questioning people they believed to be foreigners.
Donald Trump has said the U.S. will resume bombing Iran if Tehran doesn't "behave," at the sidelines of the G7 summit in France. Earlier, the U.S. President criticised Israel for its tactics against Hezbollah, saying it was unnecessary to bomb entire apartment buildings to tackle militants.
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Millions of people across 13 countries are expected to face worsening food insecurity between June and November 2026, according to a new report from the Food and Agriculture Organization (FAO) and the World Food Programme (WFP).
Ukraine is seeking an additional $20 billion in military funding from its allies, Defence Minister Mykhailo Fedorov said on Wednesday, as Kyiv looks to strengthen its battlefield position and increase pressure on Russia ahead of potential negotiations.
U.S. President Donald Trump said on Wednesday that he had a "very good" conversation with Indian Prime Minister Narendra Modi during the G7 summit in France, adding that Washington and New Delhi were working on trade agreements despite recent strains in bilateral ties.
Polish police have launched an investigation after videos circulating online showed men in military-style uniforms patrolling Warsaw Central railway station and questioning people they believed to be foreigners.
The Netherlands has announced a new €500 million military support package for Ukraine, focused on drones and air defence systems, as Western allies intensify efforts to strengthen Kyiv's position in its war against Russia.
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