Dal “decreto salva banche”, al fondo Atlante, passando per la bad bank all’italiana. Strategie di superamento del bail-in e di ritorno al bail-out?

During the recent financial crisis, in Italy huge public interventions have not been effected as it is happened in other States. Nevertheless, for situations not of acclaimed crisis, on the contrary of demands of recapitalisation imposed by European standards, case by chance, some new devices of public character have been launched. To them solutions of market are placed side by side represented by the constitution before the Fund Atlas and then of Giasone (a sort of Atlas 2), a second fund exclusively destined to the purchase on NPLs. Purpose of the present study is to appraise if the provisions again mintage can give life to a best institutional and regulation order. You keeps in mind, in fact, that the actual Italian banking problem goes over the specific conditions of the single banks: it is a problem of structure, morphological orders, engineering of system. This makes necessary, therefore, to avoid rigidity, for proportional, gradual and flexible mechanisms, contemplating to valorize the effective and virtuous national experiences, in the respect of the European discipline on the banking crises.