Constitutional Court ruling on lira-euro conversion

Work is under way with the Ministry of Economy and Finance to define the procedures for enforcing the judgment passed by Italy’s Constitutional Court, which declared unlawful the bringing forward of the deadline for terminating the redemption of lire banknotes from 28 February 2012 to 6 December 2011 (Article 6 of Decree Law 201/2011, converted into Law 214/2011).