Ignazio Visco

Bank of Italy says closely monitoring some small vulnerable banks

ROME, Oct 18 (Reuters) - The Bank of Italy is closely monitoring some small Italian banks in a vulnerable condition and has discussed the situation with the government, outgoing governor…

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ECB’s Visco says peak in interest rates is not far away

ROME, July 13 (Reuters) - The European Central Bank is "not very far" from a peak in interest rates following a series of increases, Bank of Italy governor Ignazio Visco…

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ECB must avoid unnecessary rise in real interest rates – Visco

ROME, Feb 11 (Reuters) - The European Central Bank (ECB) must avoid pushing real interest rates too high, given the level of private and public debt in the euro area,…

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Bank of Italy’s Visco says euro zone rates need to rise further

ROME, Oct 31 (Reuters) - Interest rates in the euro zone will need to rise further in order to help reduce the risk of persistent high inflation, Bank of Italy…

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Pandemic still source of concern, uncertainty for European economies – Visco

ROME, Nov 26 (Reuters) - The coronavirus pandemic in Europe is once again reason for "considerable concern", and its consequences for economies are hard to predict, the governor of the…

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EU should consider sinking fund to manage COVID-19 countries debt -ECB’S Visco

ROME, Oct 21 (Reuters) - The European Union should consider creating a sinking fund to manage public debt accumulated by member states during the COVID-19 pandemic in the last two…

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Italian Central Bank chief says uneven vaccination pace a threat to global recovery

Bank of Italy Governor Ignazio Visco told the Financial Times newspaper in an interview that the biggest threat to a global economic recovery is the irregular pace at which countries…

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ECB’s Visco says worsening COVID picture could hit euro zone recovery

Growing coronavirus infection numbers are putting at risk the prospects for continued economic recovery in Italy and the euro zone as a whole, Bank of Italy Governor Ignazio Visco said…

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ECB’s Visco says efficient public administration in Italy more important than state lender

European Central Bank governing council member Ignazio Visco said on Wednesday Italy would benefit more from reforms to its public administration than from the creation of a large public lender…

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