Gros-Pietro (Intesa Sp): targeted long-term “medicine” investments

Innovative finance and SMEs Gros Pietro Technology helps reduce credit costs

(Finance) – “In the speeches by Minister Franco, Governor Visco and President Patuelli common views emerged in highlighting a picture of our economy in which banks are more robust than in the past and businesses are more liquid. In particular, according to the Minister, the growth for 2022 already “acquired” is 3%. At the same time there is no shortage contraction risks of economic activity. “This was stated by the President of Intesa Sanpaolo Gian Maria Gros-Pietro commenting on the work of the ABI assembly.

“In my turn – he added – I think it is important to highlight that the cause of start of inflation was the shortage of various types of supply, first due to the pandemic and the stoppages of production and logistics, to which war and sanctions have been added. There is only one effective medicine for shortage of supply: targeted investments. Targeted investment therapy is also healthy in the long term. The world must face climate change, production and logistic cycles must be restructured in the direction of the circular economy.
Visco recalled that if the price of gas before the pandemic was 10 per megawatt hour today it is 180: I emphasize that an increase of this size it only happened in Europe and it is for this reason that our continent must achieve greater levels of energy independence, fundamental condition for resuming the path of growth “.

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