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Draghi praises insolvency reform in Italy (2)

ECB prsident said move should be 'evaluated positively'

(ANSA) - Rome, December 14 - European Central Bank President Mario Draghi on Monday praised Italy's overhaul of its insolvency regulations. "The recent reform of the the law that disciplines the state of insolvency should be evaluated positively," Draghi said. The comments come amid a furore over four small troubled Italian banks that have been saved courtesy of a government decree, although bondholders in the lenders, including many small investors, have lost their money.


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