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Padoan: "Banks give boost to recovery"

"The new period of European governance must be exploited to the fullest": said Pier Carlo Padoan, Minister of Economy, speaking at a conference in Piazza Affari.

Padoan: "Banks give boost to recovery"

“Italy, which in a couple of weeks will take over the presidency of the EU semester, will put the issue of growth and employment at the center of the table of Ecofin and EU governments. The new period of European governance must be put to good use”. Thus Pier Carlo Padoan, Minister of the Economy, speaking at a conference in Piazza Affari.

“The Italian and European economies – he added – have two options in front of them: to get by or to jump onto a different growth path to absorb unemployment. The difference will be made by policy makers”. Finally, a joke on the Italian banking system, which "has demonstrated strong resistance during a very harsh recession, but now must look ahead to give new impetus to the recovery".

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