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Basel 3, Saccomanni: "We are moving towards postponement"

According to the general manager of the Bank of Italy, Basel 3 will not be introduced before the end of 2013 or the beginning of 2014 – On the estimates of the Confindustria Study Centre: “Positive signals are underway”.

Basel 3, Saccomanni: "We are moving towards postponement"

Fabrizio Saccomanni, general manager of the Bank of Italy, within the scope in a debate at Confindustria he spoke of entry into force of Basel 3, stating that we will "probably move towards an introduction at the end of 2013 or beginning, January, 2014″.

Saccomanni then also expressed his opinion on the data released in the report of the Confindustria Study Centre, specifying that the latest estimates at European level, presented on 6 December, indicate for Italy "a slightly better situation in the second half of 2013". Pwe the General Manager of Bank of Italy the positive signals mentioned in the CSC are actually underway: "We have two slightly positive quarters, the third and fourth, we have +0,1%".

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