Share

Passera on S&P “we need hard facts”

| di | 0

The banker dwells on Italy's downgrading, speaks of an expected decision and identifies the way out of the crisis.

Passera on S&P “we need hard facts”

Corrado Passera, managing director of Intesa San Paolo, focused on the downgrade of Standard & Poor's on the sidelines of the ABI executive.
According to the banker there would be three ballasts weighing on the Italian economy "low growth, high debt, and low credibility". Passera spoke of a partially expected decision and indicated the way out: “A shared and integral plan that is within our reach. Creditors and markets want concrete facts”.

You might also be interested ...

comments