As part of an investigation by the Rome Prosecutor's Office, Gabriele Visco, Invitalia manager, is accused of corruption and trafficking in illicit influence
On Savings Day, alerts on the sensitivity of our public debt multiplied from the outgoing Governor Visco to the Minister of Economy Giorgetti, but politicians do not seem to realize it
On Savings Day, applause for the governor of Bank of Italy Ignazio Visco who concludes his mandate. His recommendations are sent to two addresses: investors and the government
The secretary general of the CGIL seems to ignore the improvements in the Italian economy and in employment and collects amnesia and approximation on wages and work - It would be enough to reflect on the recommendations of the Governor of the Bank of Italy Visco
Fabio Panetta, former Director General of the Bank of Italy and current member of the Executive Board of the ECB, is the number one candidate to succeed Visco at the helm of Via Nazionale but the games are not over yet. For two good reasons
Room packed at the Bank of Italy for Visco's latest considerations, former President Mario Draghi also present - Here are the comments from Padoan, Messina, Scannapieco, Patuelli, Marcegaglia, Landini and Sbarra
The latest Final Considerations of the outgoing Governor are a document of great economic, social and political interest and trace a path towards a better Italy
A joint commitment between the Government and the social partners against inflation and the acceleration of investments and reforms for the full implementation of the PNRR: these are the recommendations of Governor Ignazio Visco in his latest Final Considerations in the Bank of Italy
In the upcoming choices of the ECB on rates, it will be essential to balance the risks between doing too little and doing too much. This is the appeal launched by the governor of the Bank of Italy, Ignazio Visco
According to the Governor of the Bank of Italy, Ignazio Visco, Italy is able to manage the effects of the monetary restriction, but the ECB must evaluate the intensity and timing of the tightening to avoid the two risks that endanger the economies
In an interview with Politico, the Governor launches a call for caution addressed to the hawks, who would like to repeat the 50 basis point increase launched in July in September
According to the governor of the Bank of Italy, the war is having a marked impact on the economy, but the recession will only come if Russian gas stops - Franco: "We will continue to help families"
The Governor underlines that economic fundamentals do not justify a spread "over 200 points" - Furthermore, Visco clarifies two aspects related to the latest moves by the ECB
In the final remarks, the governor makes three suggestions to Brussels, hopes for an "orderly normalization" by the ECB and asks for "prudence" from Italian banks
Speaking on Savings Day, the Governor of Bank of Italy issues a warning in view of the Maneuver: "The debt cannot be used to cover current expenses" - According to Visco, an EU fund is needed to absorb national debts post…
The new hub for technological innovation branded Bankitalia enters the operational phase: applications can be submitted from 27 September, the announcement of the first 10 winners in December
From the ABI assembly, the governor also speaks of possible crises among small and medium-sized institutions: "Strengthening deposit guarantee schemes" - Patuanelli: "Bad banks would be useful" - Minister Franco: "GDP is possible +5% in 2021"
To move on after the pandemic and after twenty years of season or recession, Italy - warns Governor Visco - must be able to make the best use of the resources of the Recovery and demonstrate to the whole of Europe that the trust placed in our country…
The Final Remarks of the Governor of the Bank of Italy are the occasion for an initial assessment of the Draghi Government and for an examination of the economic prospects, the fight against the pandemic and the state of health of Italian banks
The Governor of the Bank of Italy admits that the crisis will cause an increase in non-performing loans, but also underlines the need to avoid a new credit crunch - "A civil justice reform is urgently needed to shorten the recovery times of…
The Governor of the Bank of Italy speaks at the Assiom Forex Congress with an eye to the negotiations for the formation of the Government conducted by his predecessor Mario Draghi - Greetings from the president of Intesa Sanpaolo, Gros-Pietro.
Intervention by the governor of Bank of Italy: "GDP will not return to pre-Covid levels before the second half of 2023" . We need to make up for the serious digital delay and the undersizing of businesses. Next Generation Eu is an opportunity not to be missed to come back…
A new Via Nazionale initiative is kicking off in the Lombard capital: the goal is to help the Italian financial market become increasingly digital (avoiding taking risks)
The Governor of Bank of Italy has announced a "significant impact" of Covid on pension systems, with higher retirement rates and lower contributed revenues - Only growth will be able to avoid long-term imbalances, but we need to focus on young people and…
On Acre Savings Day, the Governor warns: "Rules are also needed for the non-banking sector" - Gualtieri: "In the coming months, the challenge will be managing the increase in NPLs" - Patuanelli: "Those who can afford it must return to distributing dividends"
The governor of the Bank of Italy spoke at the Trento Economy Festival: here are the salient points of his speech.
In his Final Considerations, the Governor of the Bank of Italy highlights the depth of the recession and the uncertainty of the recovery (2020 GDP -9/-13%) - Recommendation to banks to keep an eye on NPLs, without excluding preventive recapitalizations in case of difficulty
The Stock Exchange looks to the online Final Considerations of the Governor of the Bank of Italy, but above all fears the effects of the increasingly serious crisis in Hong Kong - The Government locks down the Italian Stock Exchange and Mts - Btp auction today
According to Bank of Italy, in the first 9 months of the year the share of public debt held by companies exceeded that held by credit institutions - Meanwhile, government bonds are at the center of European negotiations on the banking union
Speaking at the inauguration of the academic year of the University of Cagliari, the Governor of the Bank of Italy Visco underlined that "only 44% of Italians have digital skills, 13 percentage points less than the EU average, an area in which we are fourth last"
At the 95th World Savings Day, Economy Minister Gualtieri focuses on the transition to a sustainable economy - Visco: "The Italian economy is at a standstill, but the decline in the spread is an opportunity"
Both the Governor of the Bank of Italy, Visco, and the president of ABI, Patuelli and the Director of the UIF, Clemente, point to technological innovation as the challenge that banks must take up, but they also highlight the dangers of unregulated activities and especially that of…
In a conference organized for the three years since the death of the former Governor, the current number one of Via Nazionale recalls how his predecessor protected the autonomy of the central institution from political interference
Speaking at the Trento Festival of Economics, the Governor of the Bank of Italy spoke about all the most topical issues, going beyond last Friday's Final Considerations
In the final remarks, the Governor gives a lesson to the yellow-greens on Italy's real problems and which paths to take to try to solve them
In his Final Remarks, the Governor warns that "increasing the public deficit is counterproductive" - On the fiscal side, "modifying a single tax" does not solve the problems - "Italy's weakness is not Europe's fault": on the contrary, "The Union is essential for…
The fourteenth edition is scheduled from 30 May to 2 June and hosts over 60 conferences on the theme of globalization and populism, in the aftermath of the European vote - Deputy Prime Minister Salvini is also expected on Friday - The complete programme.
Presenting his latest book at the Golinelli Opificio in Bologna, the Governor of the Bank of Italy explained how the estimate of 0,6% growth in Italian GDP was elaborated, also confirmed yesterday by the Prodi Monetary Fund: "Brexit can…
On World Savings Day, President Mattarella: without the accounts in order, Italy's sovereignty cannot be guaranteed - Bank of Italy confirms the spread alarm which could cost the country 5 billion with damage to families, banks and businesses - Tria…
The ultimatum from the EU to the Treasury on the debt and above all the certification of the stagnation of the Italian economy are causing anxiety in Piazza Affari which looks with concern at the increase in the spread - After an October to forget, the stock exchanges hope for good hearts…
However, the Minister of Economy, at the ABI meeting, specifies that Italy is not willing to accept instruments "at any price". For the bailouts of the states, with regard to the reform of the ESM into a monetary fund, "balanced governance" will be needed. From Visco a warning about…
Sharp rejection of the flat tax, the centre-right banner, by Vincenzo Visco, former finance minister and now LeU exponent with Bersani and D'Alema - In his opinion, the flat tax rewards the rich, not punishes the…
Debt and reforms must remain an obsession, said the governor of the Bank of Italy at the congress of financial operators in Verona - "In the euro area, monetary policy has averted the danger of deflation but inflation remains far from the values …
The head of ECB Supervision reiterates the need to act quickly, but Visco underlines the danger of a "sell-out" - Italian banks risk having to set aside another 9 billion in 7 years and the consequences will still be…
At the World Savings Day organized by ACRI, the Governor of Bank of Italy responded to the burning issue of banking supervision in this way: "It significantly reduces the likelihood of banking crises occurring, but he cannot cancel it or replace the directors. Of our work there is no…
Great expectations for Savings Day on Tuesday 31 October where, at the Angelicum in Rome, Guzzetti, Patuelli, Minister Padoan and above all Governor Visco, fresh from his reappointment at the head of Bank of Italy, will speak: will he mention the need or not, almost unanimously…
The meeting was not attended by Renzian ministers Luca Lotti (Sport), Maurizio Martina (Agriculture) and Graziano Delrio (Transport) - The undersecretary of the Prime Minister, Maria Elena Boschi, was also missing.
Sources from Palazzo Chigi have made it known that the appointment has been ratified by the Council of Ministers. Now the decree appointing the president and Sergio Mattarella will conclude the procedure. But after the controversies of recent days, the Renzian ministers…
The reappointment of Ignazio Visco as Governor of the Bank of Italy raises burning political and institutional questions and re-proposes a merciless analysis on the inadequacy of the banking supervision of Via Nazionale whose blunder on the former banker Zonin needs no comment - Now…
The meeting of the Superior Council will precede that of the Council of Ministers which is expected on Friday, while today Visco will be in Frankfurt for the meeting of the board of the ECB.
It is not clear why Parliament, in its sovereignty, cannot also express opinions on the appointment of the Governor of the Bank of Italy without being accused of undermining the independence of the central bank - Let's not forget Saccomanni's precedent - It would have been…
The confirmation or otherwise of Governor Visco at the head of the Bank of Italy divides the parties - After the outcry of Renzi's Pd which called for a replacement (but with the opposite opinion of Napolitano and Veltroni), also…
A group of economists (first signatory Filippo Cavazzuti) has launched an appeal to the President of the Republic Mattarella and the Prime Minister Gentiloni to confirm Ignazio Visco at the helm of the Bank of Italy and reject the "attempts to politicize" the institution
Sources from Palazzo Chigi intervene to deny the press reconstructions and specify that Paolo Gentiloni will be based on the prerogatives of appointment established by law and inspired by the "safeguarding of the Institute's autonomy". Meanwhile, Ignazio Visco has gone to the Bicameral investigation into the…
The day after the Pd motion approved in the Chamber, Matteo Renzi returned to attacking the supervisory authorities. The political controversy grows and Berlusconi accuses: "The left wants to occupy all the posts before the elections". In view of the hearing of Governor Visco…
The independence of the Bank of Italy and the Governor's power to appoint are not the same thing and there is no doubt that the choice of the Via Nazionale leadership belongs to politics, but est modus in rebus – The precedent of…
The duel between Renzi's Democratic Party and the Quirinal over whether or not to replace Governor Visco is also affecting the financial markets at a time when Italian banks remain under fire and Trump is thinking of a hawk to…
The former Speaker of the Chamber, Pierferdinando Casini (Ap) is in pole position for the presidency of the controversial Parliamentary Commission of Inquiry into the banking system which will meet for the first time on 27 September, but Bruno Tabacci is also eligible …
The Governor at the dedication ceremony of the Bank of Italy's Center for Monetary and Financial Education after Carlo Azeglio Ciampi: "The Italian experience of recent years has shown how important it is to have sufficient basic knowledge of the products and…
The Prime Minister takes the field in defense of the Governor of the Bank of Italy, mortgaging his confirmation, in response to indiscretions of the "Fatto DAILY" on an investigation by the Rome Public Prosecutor's Office - for now without suspects and without hypotheses of crime...
Recovery and bank bailouts, Visco: "Italy is no longer at risk" - The "dove" Yellen relaunches the stock exchanges and Piazza Affari celebrates - Pop Vicenza and Veneto Banca: the Chamber agrees to trust - Sicily fires: Catania and San …
ABI MEETING - The Governor of Bank of Italy: "Public bad bank is useful, but NPL purchases at real values" - "MPS recapitalization by early August" - "Bank profitability to zero in 5 years. Salary cut necessary" - Patuelli: "Aggregations For…
In his Final Considerations, the Governor of the Bank of Italy indicated the country's great weakness in the public debt, as well as in the NPLs, hoping for a greater primary balance in the state budget to reduce its size: a serious hypothesis but not…
Bank of Italy, Visco: "Italexit? An illusion". Bail in: beware of undermining trust in banks - Mediaset and the Popolari weigh down the Stock Exchange - Climate, Trump: USA out of agreement Paris - Juve is worth over 1 billion: more than Inter and…
The Governor in his final considerations (TEXT ATTACHED IN PDF): "Italian institutions risk adjustments of another 10 billion on Npl" - "Exiting the euro? A risky illusion" - "The central question is work" - "We need an exceptional effort to strengthen…
After the Atlante fund refused to refinance Popolare di Vicenza and Veneto Banca, the Carige case broke out, where the first shareholder Malacalza fired CEO Bastianini causing the postponement of the capital increase and the consequent risk of the institution being placed in receivership…
The Governor will present today the traditional Final Considerations of the Bank of Italy, the last of his first term in via Nazionale - The market is attentively awaiting any references to Mps, Veneto Banca and Pop Vicenza - Also awaiting a clear…
According to the Governor of Bank of Italy, "the most recent forecasts indicate a further moderate strengthening of product growth".
The week closes with other news on Brexit and other important updates from the financial world: here they are collected in the FIRSTonline compilation.
The governor of the Bank of Italy: "Let's not do our homework on debt" - "If we say we want to lower taxes for everyone, this is not sustainable" - "In the next few years there will be no jobs but nobody talks about it"
BTP yields rise in the Treasury auction while Governor Visco sounds the alarm on the markets: Trump's protectionist policy and "the consequent appreciation of the dollar and the increase in medium-long term rates could accentuate and reverberate their …
The governor of the Bank of Italy raises the alarm: "A unified response is needed, attention to the perverse spiral of nationalistic policies" - As for Italy, "the path to reducing the public debt passes through an increase in growth".
Banks were at the center of the speech by the Governor of the Bank of Italy Ignazio Visco at the Assiom Forex congress in Modena - The Governor however also urged politics to guarantee stability and reforms to the country to accompany…
The Governor underlines that "if there is a lack of trust even for just one bank, it is the whole system that can be affected" - Meanwhile, after the savings-saving launched yesterday, the government is preparing to put in place a parachute for the institutions…
92ND SAVING DAY - The themes of growth and the disposal of bank non-performing loans (Npl) are at the center of the speeches. Guzzetti: "With few adhesions, the Atlante Fund is at risk". The governor pushes on the path of reform and the minister…
The Minister of the Economy summons the governor of the Bank of Italy, the representatives of the ABI and of the most important Italian banks together with those of the Atlante Fund. There are many files on the table
From the stage of the ABI assembly, the Minister of Economy affirms that "the flexibility of the new European rules must be fully exploited: the dialogue with the EU continues" - The Governor is on the same line, who also launches an appeal to Italian institutions: “The NPLs…
The pro-European impetus of Governor Visco's final considerations is appreciable - "We grow with the reforms that lead to the loss of national sovereignty" - The unsustainable anger of the Northern League Salvini - The limits of the Italian banking industry, especially in investment banking which goes from…
Perhaps stronger and more decisive words were expected in the Final Considerations of the Governor of the Bank of Italy on the situation of Italian banks, but on the immobilism of Europe and the rigidity of European banking regulation Visco went on the attack, openly criticizing dogmatism…
Piazza Affari slightly down mid-session - Awaiting news on the recapitalization of the Atlante fund, the banks retreat: Carige is the exception after the go-ahead for the business plan - Some small caps shine: Digital Bros, Isagro and Pininfarina, passed…
The Governor of Bank of Italy in his annual report: "Italian companies too small, investments at an all-time low: relaunch public ones" - "Banks: non-performing loans still high, inadequate governance" - "Atlante is doing well, even if with limited resources" - "The ECB can act again"…
The Governor of Bank of Italy read his final considerations this morning at the meeting in Via Nazionale - Atlante appoints Mps, Veneto Banca still hopes for an IPO - Consob investigates Mediobanca for the Rcs takeover bid - Corre FCA - Reopen Wall…
Today the final considerations of the Governor Ignazio Visco at the assembly of the institute of Via Nazionale - Institutional reforms and economic policy, Europe and the banks at the center of attention of the elite of the economy
The Governor of the Bank of Italy approves the ECB's bond purchase program and warns against the risk of deflation
From Florence, the governor of Bank of Italy responds to Elke König's interview with Corsera, defending the Atlante Fund and Italian banking strategies: "Distinguish between policies designed to activate market mechanisms and state aids that distort competition".
Via Nazionale has decided to allocate to the participants in the capital a dividend of 340 million, similar to the one paid last year, and corresponding to 4,5% of the capital - The State's profits will yield a check for 2,157 billion. Bank of Italy…
Despite the sharp drop in cooperative banks and Mps, Piazza Affari gains 0,49% thanks to the exploits of the Agnelli galaxy (Cnh, Fca and Exor), to Yoox, Stm and Buzzi - The rise in European lists is much stronger with …
The governor in a hearing in the Senate: "Atlante will be in line with European state aid rules" .
The Governor of the Bank of Italy, in a meeting at the Tasso high school in Rome, gave a lesson on the rudiments of finance, insisting on the need to combine the study of economics with that of more traditional subjects - "The goal is to …
The Spoleto prosecutor's office has asked for the investigation to be closed against the governor of the Bank of Italy and 7 other people involved in the investigation into the Umbrian bank for corruption, abuse of office and fraud.
Speaking to the Finance Commission of the Chamber, the former Economy Minister, Vincenzo Visco, argued that the general economic and financial situation has improved but that Italy, if it wants to return to growth, must rethink its economic policy and in particular the own…
In the Finance Committee of the Senate, Vincenzo Visco criticizes the tax reform on several points: from the increase in VAT to the reductions in Irap, through the ways of revaluing cadastral income and the fight against tax evasion.
INTERVIEW WITH VINCENZO VISCO by Franco Locatelli - "I'm not comforted that today they agree with me: it was obvious that it would end like this because the Government was and is dead wrong about tax evasion. Even now there is no real traceability: the measures…
