He is the former Minister of the Economy but also the former General Manager of the Bank of Italy and former State General Accountant, Daniel Franco, 70 years old from Belluno, the candidate of the mef to take the place of Fabio Panetta, next Governor of Bank of Italy, on the board of the ECB. It's this morning's scoop Sun 24 Hours signed by the correspondent from Frankfurt, Isabella Bufacchi.
Franco is wanted on the board of the ECB by his successor at the Ministry of Economy Pierluigi Giorgetti who has always had a great respect for Franco and a sincere relationship of collaboration with him. But the premier also appreciates Franco Giorgia Meloni who had initially nominated him for the presidency of the For .
The appointment of Daniele Franco should matureEurogroup of October also in consideration of the fact that Panetta will leave his position as member of the executive committee of the ECB on 30 October. His place does not automatically belong to Italy but the curriculum, professional qualities and experience, and the high international reputation of a super technician like Franco suggest that the white smoke should not be missing. Instead, he will remain in the Bank of Italy, as deputy director, Peter Cipollone, initially a candidate for the ECB but whose previous proximity to the Prime Minister Giuseppe grillino Tale as economic adviser to Palazzo Chigi he made many in the government majority turn up their noses. For Italy, the appointment of Franco to the board of the ECB would be a major political success.
