Giovedì, 20 Settembre 2018

Bank of Italy sees signs of gradual economic recovery


Rome, August 5 - The Bank of Italy head on Monday
reported more signs that Italy's economy may finally be
The revelation took place during a meeting between the
governor of the Italian central bank, Ignazio Visco, Premier
Enrico Letta and Economy Minister Fabrizio Saccomanni, in which
the leaders also discussed Italy's obligations in view of
European banking unification.
A Bank of Italy source told ANSA that Visco said the
recession-hit nation is showing signs of economic recovery,
although they are gradual and in need of reinforcement.
Italian banks are solid, but distressed areas in the
Italian financial system persist, causing the Bank of Italy to
pay particular attention to capital ratios, the source added.

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