"I would be in favor of European taxation targeting speculative financial transactions, something similar to the Tobin Tax”. She said it John Perissinotto, CEO of Generali, on the sidelines of the Advantage Financial Forum in Milan.
“In my opinion, finance must be at the service of the real economy. It must not be an end in itself – added Perissinotto -. This amount of derivatives and speculation on the market increases the volatility of the price lists, does no good and further favors the alienation of investors who perceive the market as intended only for super-insiders”.
As for the Eurobonds, according to the CEO of Generali “are definitely a positive hypothesis, however, if they are an expression of greater integration and unity, otherwise they don't make much sense. If we want to defend the euro and make it a long-term currency, we must certainly have greater integration”.
Narrowing his gaze on the insurance company, Perissinotto assured that Generali is not interested in the assets that the Aviva group has put up for sale: "Right now we are not looking at anything“, concluded the manager.
